SPRING BANK, WHARFE GROVE, WETHERBY, LS22 6HA - £550,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPRING BANK is a very large extended detached house of 194m², built sometime between 1976 and 1982. It was last sold for £550,000 in April 2014, which was around 116% above the average April 2014 detached price in the Leeds local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

SPRING BANK Sold Prices

Land registry data shows two sales for SPRING BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. Both of the two SPRING BANK 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
2014 23 APR	£550,000	£254,888	116% above HPI
2003 18 JUL	£400,000	£193,116	107% above HPI

SPRING BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The two SPRING BANK sales from July 2003 and April 2014 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 July 2003 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the April 2014 sale, where it rises to 116% above the HPI. The line then continues to track at 116% above the HPI.

How Large is SPRING BANK?

SPRING BANK is 194m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 20% of detached houses in Wetherby, based on EPC data. The below chart shows the distribution of detached houses by size in Wetherby, and where SPRING BANK lies on this distribution: 88% of detached houses are smaller than SPRING BANK, and 12% of houses are larger. Note that EPC data is not available for all properties in Wetherby.

SPRING BANK: Plot and Title Map

SPRING BANK sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of SPRING BANK, 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). 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?

SPRING BANK is located on WHARFE GROVE in WETHERBY, in the LS22 postcode district. The below map shows the position of SPRING BANK on WHARFE GROVE.