REDWOOD, RICE LANE, FLAXTON, YORK, YO60 7PZ - £101,500

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.

REDWOOD is a small extended detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £155,931. It was last sold for £101,500 in March 2011, which was around 64% below the average March 2011 detached price in the North Yorkshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

REDWOOD Sold Prices

Land registry data shows two sales for REDWOOD 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 REDWOOD sales were 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
2011 17 MAR	£101,500	£282,563	64% below HPI
2002 1 NOV	£180,000	£187,000	4% below HPI

REDWOOD 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 REDWOOD sales from November 2002 and March 2011 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 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2011 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.

What might REDWOOD be worth now?

REDWOOD might now be worth an estimated £155,931.

This is based on house price inflation of 53.6%, between March 2011 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 53.6% inflationary increase is applied to the most recent sale price for REDWOOD of £101,500 on 17th March 2011. For the value to have increased from £101,500 to £155,931 over the fourteen years and one month to February 2025, the following assumptions must hold true:

• The value of REDWOOD has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The March 2011 sale price of £101,500 represented a fair market value for the property.
• The size, condition, and specification of REDWOOD has not materially changed since March 2011.

How Large is REDWOOD?

REDWOOD is 123m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of detached houses houses in Flaxton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Flaxton, and where REDWOOD lies on this distribution: 20% of detached houses houses are smaller than REDWOOD, and 80% of houses are larger. Note that EPC data is not available for all properties in Flaxton.

REDWOOD: Plot and Title Map

REDWOOD sits on a plot of roughly 0.250 of an acre, or 1,011m². The below map shows the location of REDWOOD, 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 REDWOOD). 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 REDWOOD?

REDWOOD is located on RICE LANE in FLAXTON, in the YO60 postcode district. The below map shows the position of REDWOOD on RICE LANE.