JASMINE COTTAGE, REDMIRE, LEYBURN, DL8 4ED - £525,000

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.

JASMINE COTTAGE is a very large extended detached house of 167m², built sometime between 1967 and 1975, which could now be worth an estimated £577,985. It was last sold for £525,000 in December 2021, which was around 33% above the average December 2021 detached price in the North Yorkshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

JASMINE COTTAGE Sold Prices

Land registry data shows two sales for JASMINE COTTAGE 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. One of the two JASMINE COTTAGE sales was for above the average price, whilst the other was 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
2021 17 DEC	£525,000	£394,298	33% above HPI
2003 14 APR	£173,000	£200,528	14% below HPI

JASMINE 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 two JASMINE COTTAGE sales from April 2003 and December 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 April 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2021 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might JASMINE COTTAGE be worth now?

JASMINE COTTAGE might now be worth an estimated £577,985.

This is based on house price inflation of 10.1%, between December 2021 and February 2025, 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 10.1% inflationary increase is applied to the most recent sale price for JASMINE COTTAGE of £525,000 on 17th December 2021. For the value to have increased from £525,000 to £577,985 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of JASMINE COTTAGE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The December 2021 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of JASMINE COTTAGE has not materially changed since December 2021.

How Large is JASMINE COTTAGE?

JASMINE COTTAGE is 167m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses houses in Redmire, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redmire, and where JASMINE COTTAGE lies on this distribution: 89% of detached houses houses are smaller than JASMINE COTTAGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Redmire.

JASMINE COTTAGE: Plot and Title Map

JASMINE COTTAGE sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of JASMINE 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 JASMINE 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 JASMINE COTTAGE?

JASMINE COTTAGE is located in REDMIRE, in the DL8 postcode district. The below map shows the position of JASMINE COTTAGE in REDMIRE.