ELMET COTTAGE, THE SQUARE, HILLAM, LEEDS, LS25 5HE - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

ELMET COTTAGE is a very small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £290,000 in November 2019, which was around 13% below the average November 2019 detached price in the North Yorkshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.

ELMET COTTAGE Sold Prices

Land registry data shows four sales for ELMET COTTAGE 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. two of the four ELMET COTTAGE sales were for below the average price, and four were for 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
2019 29 NOV	£290,000	£333,350	13% below HPI
2007 3 SEP	£288,500	£291,566	1% below HPI
2000 19 MAY	£124,000	£113,982	9% above HPI
1996 1 AUG	£104,000	£88,820	17% above HPI

ELMET 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 four ELMET COTTAGE sales between August 1996 and November 2019 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 September 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is ELMET COTTAGE?

ELMET COTTAGE is 83m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Hillam, based on EPC data. The below chart shows the distribution of detached houses by size in Hillam, and where ELMET COTTAGE lies on this distribution: 2% of detached houses are smaller than ELMET COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Hillam.

ELMET COTTAGE: Plot and Title Map

ELMET COTTAGE sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of ELMET 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 ELMET 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 ELMET COTTAGE?

ELMET COTTAGE is located on THE SQUARE in HILLAM, in the LS25 postcode district. The below map shows the position of ELMET COTTAGE on THE SQUARE.