MINERVA HOUSE, MAIN STREET, WOMBLETON, YORK, YO62 7RX - £582,000

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.

MINERVA HOUSE is a midsized extended detached house of 144m², built sometime before 1900, which could now be worth an estimated £681,136. It was last sold for £582,000 in November 2020, which was around 57% above the average November 2020 detached price in the North Yorkshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

MINERVA HOUSE Sold Prices

Land registry data shows two sales for MINERVA HOUSE 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 MINERVA HOUSE 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
2020 26 NOV	£582,000	£370,912	57% above HPI
2004 5 NOV	£250,000	£261,660	4% below HPI

MINERVA 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 two MINERVA HOUSE sales from November 2004 and November 2020 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 November 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2020 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might MINERVA HOUSE be worth now?

MINERVA HOUSE might now be worth an estimated £681,136.

This is based on house price inflation of 17%, between November 2020 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 17% inflationary increase is applied to the most recent sale price for MINERVA HOUSE of £582,000 on 26th November 2020. For the value to have increased from £582,000 to £681,136 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of MINERVA HOUSE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The November 2020 sale price of £582,000 represented a fair market value for the property.
• The size, condition, and specification of MINERVA HOUSE has not materially changed since November 2020.

How Large is MINERVA HOUSE?

MINERVA HOUSE is 144m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses houses in Wombleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wombleton, and where MINERVA HOUSE lies on this distribution: 58% of detached houses houses are smaller than MINERVA HOUSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Wombleton.

MINERVA HOUSE: Plot and Title Map

MINERVA HOUSE sits on a plot of roughly 0.283 of an acre, or 1,147m². The below map shows the location of MINERVA 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 MINERVA 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 MINERVA HOUSE?

MINERVA HOUSE is located on MAIN STREET in WOMBLETON, in the YO62 postcode district. The below map shows the position of MINERVA HOUSE on MAIN STREET.