SPRING BANK HOUSE, MAIN STREET, ELVINGTON, YORK, YO41 4AG - £645,000

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.

SPRING BANK HOUSE is a very large extended detached house of 289m², built sometime between 2003 and 2006, which could now be worth an estimated £807,707. It was last sold for £645,000 in August 2017, which was around 65% above the average August 2017 detached price in the York local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

SPRING BANK HOUSE Sold Prices

Land registry data shows two sales for SPRING BANK 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 York local authority area for the corresponding sale date. One of the two SPRING BANK 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
2017 10 AUG	£645,000	£391,296	65% above HPI
2001 2 AUG	£124,000	£160,664	23% below HPI

SPRING BANK HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the York local authority area over time, sourced from the HPI. The two SPRING BANK HOUSE sales from August 2001 and August 2017 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 August 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2017 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might SPRING BANK HOUSE be worth now?

SPRING BANK HOUSE might now be worth an estimated £807,707.

This is based on house price inflation of 25.2%, between August 2017 and February 2025, for detached houses, in the York local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.2% inflationary increase is applied to the most recent sale price for SPRING BANK HOUSE of £645,000 on 10th August 2017. For the value to have increased from £645,000 to £807,707 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of SPRING BANK HOUSE has moved in line with the HPI for detached houses in the York local authority area.
• The August 2017 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING BANK HOUSE has not materially changed since August 2017.

How Large is SPRING BANK HOUSE?

SPRING BANK HOUSE is 289m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of detached houses houses in Elvington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elvington, and where SPRING BANK HOUSE lies on this distribution: 97% of detached houses houses are smaller than SPRING BANK HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Elvington.

SPRING BANK HOUSE: Plot and Title Map

SPRING BANK HOUSE sits on a plot of roughly 0.256 of an acre, or 1,034m². The below map shows the location of SPRING BANK 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 SPRING BANK 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 SPRING BANK HOUSE?

SPRING BANK HOUSE is located on MAIN STREET in ELVINGTON, in the YO41 postcode district. The below map shows the position of SPRING BANK HOUSE on MAIN STREET.