CHRISTMAS COTTAGE, BACK LANE, KIRKBY MALZEARD, RIPON, HG4 3SH - £340,000

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.

CHRISTMAS COTTAGE is a small detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £389,004. It was last sold for £340,000 in September 2021, which was around 10% below the average September 2021 detached price in the North Yorkshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was D.

CHRISTMAS COTTAGE Sold Prices

Land registry data shows three sales for CHRISTMAS COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. All of the three CHRISTMAS COTTAGE 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
2021 17 SEP	£340,000	£379,408	10% below HPI
2014 9 OCT	£248,000	£301,172	18% below HPI
1996 21 MAY	£90,000	£92,491	3% below HPI

CHRISTMAS COTTAGE 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 three CHRISTMAS COTTAGE sales between May 1996 and September 2021 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 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might CHRISTMAS COTTAGE be worth now?

CHRISTMAS COTTAGE might now be worth an estimated £389,004.

This is based on house price inflation of 14.4%, between September 2021 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 14.4% inflationary increase is applied to the most recent sale price for CHRISTMAS COTTAGE of £340,000 on 17th September 2021. For the value to have increased from £340,000 to £389,004 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of CHRISTMAS COTTAGE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The September 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of CHRISTMAS COTTAGE has not materially changed since September 2021.

How Large is CHRISTMAS COTTAGE?

CHRISTMAS COTTAGE is 122m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses houses in Kirkby Malzeard, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirkby Malzeard, and where CHRISTMAS COTTAGE lies on this distribution: 22% of detached houses houses are smaller than CHRISTMAS COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Kirkby Malzeard.

CHRISTMAS COTTAGE: Plot and Title Map

CHRISTMAS COTTAGE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of CHRISTMAS 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 CHRISTMAS 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 CHRISTMAS COTTAGE?

CHRISTMAS COTTAGE is located on BACK LANE in KIRKBY MALZEARD, in the HG4 postcode district. The below map shows the position of CHRISTMAS COTTAGE on BACK LANE.