FIR TREES, WOBECK LANE, MELMERBY, RIPON, HG4 5EZ - £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.

FIR TREES is a small extended terraced house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £327,378. It was last sold for £285,000 in January 2021, which was around 52% above the average January 2021 terraced price in the North Yorkshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

FIR TREES Sold Prices

Land registry data shows two sales for FIR TREES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Yorkshire local authority area for the corresponding sale date. Both of the two FIR TREES 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 28 JAN	£285,000	£187,947	52% above HPI
2009 19 FEB	£168,000	£136,747	23% above HPI

FIR TREES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Yorkshire local authority area over time, sourced from the HPI. The two FIR TREES sales from February 2009 and January 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 February 2009 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2021 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might FIR TREES be worth now?

FIR TREES might now be worth an estimated £327,378.

This is based on house price inflation of 14.9%, between January 2021 and July 2025, for terraced 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 14.9% inflationary increase is applied to the most recent sale price for FIR TREES of £285,000 on 28th January 2021. For the value to have increased from £285,000 to £327,378 over the three years and six months to July 2025, the following assumptions must hold true:

• The value of FIR TREES has moved in line with the HPI for terraced houses in the North Yorkshire local authority area.
• The January 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of FIR TREES has not materially changed since January 2021.

How Large is FIR TREES?

FIR TREES is 118m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of terraced houses houses in Melmerby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Melmerby, and where FIR TREES lies on this distribution: 34% of terraced houses houses are smaller than FIR TREES, and 66% of houses are larger. Note that EPC data is not available for all properties in Melmerby.

FIR TREES: Plot and Title Map

FIR TREES sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of FIR TREES, 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 FIR TREES). 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 FIR TREES?

FIR TREES is located on WOBECK LANE in MELMERBY, in the HG4 postcode district. The below map shows the position of FIR TREES on WOBECK LANE.