IVY COTTAGE, MAIN STREET, ELVINGTON, YORK, YO41 4AA - £247,500

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

IVY COTTAGE is a very small extended semi-detached house of 80m², built sometime between 1900 and 1929. It was last sold for £247,500 in March 2020, which was around 40% below the average March 2020 detached price in the York local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

IVY COTTAGE Sold Prices

Land registry data shows three sales for IVY COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the York local authority area for the corresponding sale date. All of the three IVY COTTAGE 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
2020 2 MAR	£247,500	£411,652	40% below HPI
2016 4 MAR	£195,000	£365,279	47% below HPI
2000 23 MAY	£68,000	£126,053	46% below HPI

IVY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the York local authority area over time, sourced from the HPI. The three IVY COTTAGE sales between May 2000 and March 2020 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 March 2016 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is IVY COTTAGE?

IVY COTTAGE is 80m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Elvington, based on EPC data. The below chart shows the distribution of detached houses by size in Elvington, and where IVY COTTAGE lies on this distribution: 12% of detached houses are smaller than IVY COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Elvington.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of IVY 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 IVY 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 IVY COTTAGE?

IVY COTTAGE is located on MAIN STREET in ELVINGTON, in the YO41 postcode district. The below map shows the position of IVY COTTAGE on MAIN STREET.