LOCK HOUSE, MILBY, YORK, YO51 9BL - £360,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

LOCK HOUSE is a midsized extended detached house of 134m², built sometime before 1900. It was last sold for £360,000 in December 2023, which was around 10% below the average December 2023 detached price in the North Yorkshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

LOCK HOUSE Sold Prices

Land registry data shows four sales for LOCK HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. two of the four LOCK HOUSE sales were for below the average price, and four 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
2023 15 DEC	£360,000	£399,197	10% below HPI
2007 28 JUN	£288,000	£283,676	2% above HPI
2000 29 SEP	£127,000	£122,754	3% above HPI
1995 4 DEC	£83,700	£87,786	5% below HPI

LOCK HOUSE 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 four LOCK HOUSE sales between December 1995 and December 2023 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 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is LOCK HOUSE?

LOCK HOUSE is 134m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses in Langthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Langthorpe, and where LOCK HOUSE lies on this distribution: 45% of detached houses are smaller than LOCK HOUSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Langthorpe.

LOCK HOUSE: Plot and Title Map

LOCK HOUSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of LOCK HOUSE, 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 LOCK HOUSE). 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 LOCK HOUSE?

LOCK HOUSE is located in MILBY, in the YO51 postcode district. The below map shows the position of LOCK HOUSE in MILBY.