SOLOMONS EDGE, WEST LANE, BURN, SELBY, YO8 8LR - £399,500

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.

SOLOMONS EDGE is a midsized detached house of 113m², built sometime between 1991 and 1995, which could now be worth an estimated £452,532. It was last sold for £399,500 in August 2021, which was around 4% above the average August 2021 detached price in the North Yorkshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was C.

SOLOMONS EDGE Sold Prices

Land registry data shows two sales for SOLOMONS EDGE 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 SOLOMONS EDGE 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
2021 24 AUG	£399,500	£383,221	4% above HPI
2007 26 MAR	£279,500	£289,917	4% below HPI

SOLOMONS EDGE 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 SOLOMONS EDGE sales from March 2007 and August 2021 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 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might SOLOMONS EDGE be worth now?

SOLOMONS EDGE might now be worth an estimated £452,532.

This is based on house price inflation of 13.3%, between August 2021 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 13.3% inflationary increase is applied to the most recent sale price for SOLOMONS EDGE of £399,500 on 24th August 2021. For the value to have increased from £399,500 to £452,532 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of SOLOMONS EDGE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The August 2021 sale price of £399,500 represented a fair market value for the property.
• The size, condition, and specification of SOLOMONS EDGE has not materially changed since August 2021.

How Large is SOLOMONS EDGE?

SOLOMONS EDGE is 113m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% of detached houses houses in Burn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burn, and where SOLOMONS EDGE lies on this distribution: 47% of detached houses houses are smaller than SOLOMONS EDGE, and 53% of houses are larger. Note that EPC data is not available for all properties in Burn.

SOLOMONS EDGE: Plot and Title Map

SOLOMONS EDGE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of SOLOMONS EDGE, 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 SOLOMONS EDGE). 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 SOLOMONS EDGE?

SOLOMONS EDGE is located on WEST LANE in BURN, in the YO8 postcode district. The below map shows the position of SOLOMONS EDGE on WEST LANE.