CORNERSTONES, CROSS HILL, FAIRBURN, KNOTTINGLEY, WF11 9JG - £285,000

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.

CORNERSTONES is a very large detached house of 170m², built sometime between 1983 and 1990, which could now be worth an estimated £358,709. It was last sold for £285,000 in February 2018, which was around 17% below the average February 2018 detached price in the North Yorkshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

CORNERSTONES Sold Prices

Land registry data shows two sales for CORNERSTONES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. Both of the two CORNERSTONES 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
2018 15 FEB	£285,000	£344,893	17% below HPI
1998 7 OCT	£15,000	£107,067	86% below HPI

CORNERSTONES 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 two CORNERSTONES sales from October 1998 and February 2018 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 1998 sale was for 86% below the HPI. So the extrapolation line tracks at 86% below the HPI over time, until the February 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might CORNERSTONES be worth now?

CORNERSTONES might now be worth an estimated £358,709.

This is based on house price inflation of 25.9%, between February 2018 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 25.9% inflationary increase is applied to the most recent sale price for CORNERSTONES of £285,000 on 15th February 2018. For the value to have increased from £285,000 to £358,709 over the seven years to February 2025, the following assumptions must hold true:

• The value of CORNERSTONES has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The February 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of CORNERSTONES has not materially changed since February 2018.

How Large is CORNERSTONES?

CORNERSTONES is 170m² according to the EPC inspection conducted in June 2017. This puts it in the largest 20% of detached houses houses in Fairburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fairburn, and where CORNERSTONES lies on this distribution: 81% of detached houses houses are smaller than CORNERSTONES, and 19% of houses are larger. Note that EPC data is not available for all properties in Fairburn.

CORNERSTONES: Plot and Title Map

CORNERSTONES sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of CORNERSTONES, 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 CORNERSTONES). 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 CORNERSTONES?

CORNERSTONES is located on CROSS HILL in FAIRBURN, in the WF11 postcode district. The below map shows the position of CORNERSTONES on CROSS HILL.