THE OLD CHAPEL, MAIN ROAD, DRAX, SELBY, YO8 8NT - £80,000

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

THE OLD CHAPEL is a very small detached house of 102m². It was last sold for £80,000 in January 2008, which was around 72% below the average January 2008 detached price in the North Yorkshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was A.

THE OLD CHAPEL Sold Prices

Land registry data shows two sales for THE OLD CHAPEL 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 THE OLD CHAPEL 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
2008 17 JAN	£80,000	£286,021	72% below HPI
2006 12 APR	£55,000	£258,578	79% below HPI

THE OLD CHAPEL 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 THE OLD CHAPEL sales from April 2006 and January 2008 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 April 2006 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the January 2008 sale, where it rises to 72% below the HPI. The line then continues to track at 72% below the HPI.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 102m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Drax, based on EPC data. The below chart shows the distribution of detached houses by size in Drax, and where THE OLD CHAPEL lies on this distribution: 19% of detached houses are smaller than THE OLD CHAPEL, and 81% of houses are larger. Note that EPC data is not available for all properties in Drax.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of THE OLD CHAPEL, 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 THE OLD CHAPEL). 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 THE OLD CHAPEL?

THE OLD CHAPEL is located on MAIN ROAD in DRAX, in the YO8 postcode district. The below map shows the position of THE OLD CHAPEL on MAIN ROAD.