8, ORCHARD LANE, SOWERBY, THIRSK, YO7 1NE - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 ORCHARD LANE is a very large extended detached house of 134m², built sometime between 1950 and 1966, which could now be worth an estimated £399,522. It was last sold for £325,000 in March 2020, which was around 8% below the average March 2020 detached price in the North Yorkshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

8 ORCHARD LANE Sold Prices

Land registry data shows four sales for 8 ORCHARD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. Most of the four 8 ORCHARD LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 20 MAR	£325,000	£353,122	8% below HPI
2007 22 AUG	£285,000	£305,487	7% below HPI
2000 24 MAY	£160,000	£120,526	33% above HPI
1995 18 AUG	£85,500	£93,915	9% below HPI

8 ORCHARD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The four 8 ORCHARD LANE sales between August 1995 and March 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 8 ORCHARD LANE be worth now?

8 ORCHARD LANE might now be worth an estimated £399,522.

This is based on house price inflation of 22.9%, between March 2020 and February 2025, for detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.9% inflationary increase is applied to the most recent sale price for 8 ORCHARD LANE of £325,000 on 20th March 2020. For the value to have increased from £325,000 to £399,522 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 8 ORCHARD LANE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The March 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ORCHARD LANE has not materially changed since March 2020.

How Large is 8 ORCHARD LANE?

8 ORCHARD LANE is 134m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 20% of detached houses houses in Sowerby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sowerby, and where 8 ORCHARD LANE lies on this distribution: 86% of detached houses houses are smaller than 8 ORCHARD LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Sowerby.

8 ORCHARD LANE: Plot and Title Map

8 ORCHARD LANE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 8 ORCHARD LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 ORCHARD LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 ORCHARD LANE?

8 ORCHARD LANE is located in SOWERBY, in the YO7 postcode district. The below map shows the position of No. 8 on ORCHARD LANE.