BARN COTTAGE, MAIN STREET, HESSAY, YORK, YO26 8JR - £312,000

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.

BARN COTTAGE is a very small detached house of 105m², built sometime between 2003 and 2006, which could now be worth an estimated £416,346. It was last sold for £312,000 in February 2016, which was around 15% below the average February 2016 detached price in the York local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

BARN COTTAGE Sold Prices

Land registry data shows five sales for BARN COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the York local authority area for the corresponding sale date. The five BARN COTTAGE sales were a mix of below the average price, roughly equal to the average price, and above 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
2016 11 FEB	£312,000	£367,198	15% below HPI
2005 7 OCT	£270,000	£270,864	Close to HPI
2004 5 MAY	£237,000	£248,396	5% below HPI
2001 24 MAY	£154,000	£142,869	8% above HPI
1998 28 AUG	£95,000	£106,063	10% below HPI

BARN COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the York local authority area over time, sourced from the HPI. The five BARN COTTAGE sales between August 1998 and February 2016 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 October 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might BARN COTTAGE be worth now?

BARN COTTAGE might now be worth an estimated £416,346.

This is based on house price inflation of 33.4%, between February 2016 and February 2025, for detached houses, in the York local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.4% inflationary increase is applied to the most recent sale price for BARN COTTAGE of £312,000 on 11th February 2016. For the value to have increased from £312,000 to £416,346 over the nine years to February 2025, the following assumptions must hold true:

• The value of BARN COTTAGE has moved in line with the HPI for detached houses in the York local authority area.
• The February 2016 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of BARN COTTAGE has not materially changed since February 2016.

How Large is BARN COTTAGE?

BARN COTTAGE is 105m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses houses in Hessay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hessay, and where BARN COTTAGE lies on this distribution: 4% of detached houses houses are smaller than BARN COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hessay.

BARN COTTAGE: Plot and Title Map

BARN COTTAGE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of BARN COTTAGE, 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 BARN COTTAGE). 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 BARN COTTAGE?

BARN COTTAGE is located on MAIN STREET in HESSAY, in the YO26 postcode district. The below map shows the position of BARN COTTAGE on MAIN STREET.