FIVE PALMS, SCHOOL ROAD, HEMINGBROUGH, SELBY, YO8 6QS - £182,500

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

FIVE PALMS is a very small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £251,446. It was last sold for £182,500 in November 2015, which was around 43% below the average November 2015 detached price in the North Yorkshire local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

FIVE PALMS Sold Prices

Land registry data shows three sales for FIVE PALMS 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 FIVE PALMS 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
2015 17 NOV	£182,500	£320,800	43% below HPI
2001 1 JUN	£79,950	£137,036	42% below HPI
1995 24 FEB	£55,000	£93,728	41% below HPI

FIVE PALMS 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 FIVE PALMS sales between February 1995 and November 2015 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 June 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might FIVE PALMS be worth now?

FIVE PALMS might now be worth an estimated £251,446.

This is based on house price inflation of 37.8%, between November 2015 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 37.8% inflationary increase is applied to the most recent sale price for FIVE PALMS of £182,500 on 17th November 2015. For the value to have increased from £182,500 to £251,446 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of FIVE PALMS has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The November 2015 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of FIVE PALMS has not materially changed since November 2015.

How Large is FIVE PALMS?

FIVE PALMS is 87m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses houses in Hemingbrough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemingbrough, and where FIVE PALMS lies on this distribution: 19% of detached houses houses are smaller than FIVE PALMS, and 81% of houses are larger. Note that EPC data is not available for all properties in Hemingbrough.

FIVE PALMS: Plot and Title Map

FIVE PALMS sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of FIVE PALMS, 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 FIVE PALMS). 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 FIVE PALMS?

FIVE PALMS is located on SCHOOL ROAD in HEMINGBROUGH, in the YO8 postcode district. The below map shows the position of FIVE PALMS on SCHOOL ROAD.