NEWLANDS, RAINTON, THIRSK, YO7 3PX - £450,000

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

NEWLANDS is a large extended detached house of 174m², built sometime between 1967 and 1975. It was last sold for £450,000 in June 2023, which was around 12% above the average June 2023 detached price in the North Yorkshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

NEWLANDS Sold Prices

Land registry data shows two sales for NEWLANDS 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 NEWLANDS 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
2023 30 JUN	£450,000	£400,330	12% above HPI
2019 6 SEP	£315,011	£333,209	5% below HPI

NEWLANDS 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 NEWLANDS sales from September 2019 and June 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 September 2019 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is NEWLANDS?

NEWLANDS is 174m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Rainton, based on EPC data. The below chart shows the distribution of detached houses by size in Rainton, and where NEWLANDS lies on this distribution: 62% of detached houses are smaller than NEWLANDS, and 38% of houses are larger. Note that EPC data is not available for all properties in Rainton.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located in RAINTON, in the YO7 postcode district. The below map shows the position of NEWLANDS in RAINTON.