FERNLEA, BORROWBY, THIRSK, YO7 4QQ - £495,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FERNLEA is a large extended detached house of 175m², built sometime between 1983 and 1990, which could now be worth an estimated £574,887. It was last sold for £495,000 in June 2021, which was around 30% above the average June 2021 detached price in the North Yorkshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

FERNLEA Sold Prices

Land registry data shows two sales for FERNLEA 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 FERNLEA sales 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
2021 25 JUN	£495,000	£380,573	30% above HPI
2016 2 DEC	£405,000	£331,931	22% above HPI

FERNLEA 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 FERNLEA sales from December 2016 and June 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 December 2016 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might FERNLEA be worth now?

FERNLEA might now be worth an estimated £574,887.

This is based on house price inflation of 16.1%, between June 2021 and December 2024, 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 16.1% inflationary increase is applied to the most recent sale price for FERNLEA of £495,000 on 25th June 2021. For the value to have increased from £495,000 to £574,887 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of FERNLEA has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The June 2021 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of FERNLEA has not materially changed since June 2021.

How Large is FERNLEA?

FERNLEA is 175m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 30% of detached houses houses in Borrowby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borrowby, and where FERNLEA lies on this distribution: 71% of detached houses houses are smaller than FERNLEA, and 29% of houses are larger. Note that EPC data is not available for all properties in Borrowby.

FERNLEA: Plot and Title Map

FERNLEA sits on a plot of roughly 0.245 of an acre, or 991m². The below map shows the location of FERNLEA, 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 FERNLEA). 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 FERNLEA?

FERNLEA is located in BORROWBY, in the YO7 postcode district. The below map shows the position of FERNLEA in BORROWBY.