MERLINS FOLLY, MAIN ROAD, DRAX, SELBY, YO8 8NT - £500,000

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

MERLINS FOLLY is a very large detached house of 217m². It was last sold for £500,000 in May 2018, which was around 55% above the average May 2018 detached price in the North Yorkshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was B.

MERLINS FOLLY Sold Prices

Land registry data shows two sales for MERLINS FOLLY 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 MERLINS FOLLY 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
2018 10 MAY	£500,000	£322,659	55% above HPI
1998 27 MAR	£90,000	£98,230	8% below HPI

MERLINS FOLLY 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 MERLINS FOLLY sales from March 1998 and May 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 March 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2018 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is MERLINS FOLLY?

MERLINS FOLLY is 217m² according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses in Drax, based on EPC data. The below chart shows the distribution of detached houses by size in Drax, and where MERLINS FOLLY lies on this distribution: 96% of detached houses are smaller than MERLINS FOLLY, and 4% of houses are larger. Note that EPC data is not available for all properties in Drax.

MERLINS FOLLY: Plot and Title Map

MERLINS FOLLY sits on a plot of roughly 2.3 acres, or 9,127m². The below map shows the location of MERLINS FOLLY, 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 MERLINS FOLLY). 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 MERLINS FOLLY?

MERLINS FOLLY is located on MAIN ROAD in DRAX, in the YO8 postcode district. The below map shows the position of MERLINS FOLLY on MAIN ROAD.