MANDALAY, GILSTEAD LANE, BINGLEY, BD16 3LN - £495,000

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

MANDALAY is a large detached house of 145m², built sometime between 1991 and 1995. It was last sold for £495,000 in June 2018, which was around 115% above the average June 2018 detached price in the Bradford local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

MANDALAY Sold Prices

Land registry data shows four sales for MANDALAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bradford local authority area for the corresponding sale date. All of the four MANDALAY 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
2018 29 JUN	£495,000	£229,741	115% above HPI
2014 8 SEP	£480,000	£205,916	133% above HPI
2004 18 JUN	£375,000	£147,241	155% above HPI
1997 28 NOV	£176,000	£78,201	125% above HPI

MANDALAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bradford local authority area over time, sourced from the HPI. The four MANDALAY sales between November 1997 and June 2018 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 September 2014 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the June 2018 sale, where it falls to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might MANDALAY be worth now?

MANDALAY might now be worth an estimated £682,194.

This is based on house price inflation of 37.8%, between June 2018 and December 2024, for detached houses, in the Bradford 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 MANDALAY of £495,000 on 29th June 2018. For the value to have increased from £495,000 to £682,194 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of MANDALAY has moved in line with the HPI for detached houses in the Bradford local authority area.
• The June 2018 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of MANDALAY has not materially changed since June 2018.

How Large is MANDALAY?

MANDALAY is 145m² according to the EPC inspection conducted in March 2010. This puts it in the largest 40% of detached houses houses in Bingley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bingley, and where MANDALAY lies on this distribution: 62% of detached houses houses are smaller than MANDALAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Bingley.

MANDALAY: Plot and Title Map

MANDALAY sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of MANDALAY, 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 MANDALAY). 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 MANDALAY?

MANDALAY is located on GILSTEAD LANE in BINGLEY, in the BD16 postcode district. The below map shows the position of MANDALAY on GILSTEAD LANE.