PROSPECT HOUSE, MAIN STREET, WOMBLETON, YORK, YO62 7RX - £595,000

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.

PROSPECT HOUSE is a very large extended detached house of 226m², built sometime between 1983 and 1990, which could now be worth an estimated £696,350. It was last sold for £595,000 in November 2020, which was around 60% above the average November 2020 detached price in the North Yorkshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

PROSPECT HOUSE Sold Prices

Land registry data shows two sales for PROSPECT 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. Both of the two PROSPECT HOUSE 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
2020 27 NOV	£595,000	£370,912	60% above HPI
2015 24 MAR	£615,000	£303,629	103% above HPI

PROSPECT 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 PROSPECT HOUSE sales from March 2015 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 March 2015 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the November 2020 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might PROSPECT HOUSE be worth now?

PROSPECT HOUSE might now be worth an estimated £696,350.

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 PROSPECT HOUSE of £595,000 on 27th November 2020. For the value to have increased from £595,000 to £696,350 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of PROSPECT HOUSE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The November 2020 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of PROSPECT HOUSE has not materially changed since November 2020.

How Large is PROSPECT HOUSE?

PROSPECT HOUSE is 226m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 10% 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 PROSPECT HOUSE lies on this distribution: 90% of detached houses houses are smaller than PROSPECT HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Wombleton.

PROSPECT HOUSE: Plot and Title Map

PROSPECT HOUSE sits on a plot of roughly 0.372 of an acre, or 1,506m². The below map shows the location of PROSPECT 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 PROSPECT 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 PROSPECT HOUSE?

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