MILFORD, BRIDGE TERRACE, BORROWBY, THIRSK, YO7 4QS - £275,000

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

MILFORD is a very small extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £275,000 in July 2014, which was around 1% below the average July 2014 detached price in the North Yorkshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

MILFORD Sold Prices

Land registry data shows four sales for MILFORD 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. Most of the four MILFORD 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
2014 18 JUL	£275,000	£278,508	1% below HPI
2005 2 AUG	£299,950	£254,967	18% above HPI
2001 1 JUN	£135,500	£129,595	5% above HPI
1999 16 JUL	£106,000	£104,277	2% above HPI

MILFORD 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 MILFORD sales between July 1999 and July 2014 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 August 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2014 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is MILFORD?

MILFORD is 109m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Borrowby, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowby, and where MILFORD lies on this distribution: 18% of detached houses are smaller than MILFORD, and 82% of houses are larger. Note that EPC data is not available for all properties in Borrowby.

MILFORD: Plot and Title Map

MILFORD sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of MILFORD, 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 MILFORD). 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 MILFORD?

MILFORD is located on BRIDGE TERRACE in BORROWBY, in the YO7 postcode district. The below map shows the position of MILFORD on BRIDGE TERRACE.