THE SPINNEY, GREENHILL LANE, BINGLEY, BD16 4AY - £770,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE SPINNEY is a very large extended detached house of 307m², built sometime between 2003 and 2006, which could now be worth an estimated £1,062,592. It was last sold for £770,000 in June 2017, which was around 236% above the average June 2017 detached price in the Bradford local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

THE SPINNEY Sold Prices

Land registry data shows three sales for THE SPINNEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bradford local authority area for the corresponding sale date. All of the three THE SPINNEY 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
2017 2 JUN	£770,000	£229,438	236% above HPI
2008 1 OCT	£720,000	£213,340	237% above HPI
2004 3 SEP	£499,000	£158,725	214% above HPI

THE SPINNEY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bradford local authority area over time, sourced from the HPI. The three THE SPINNEY sales between September 2004 and June 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 October 2008 sale was for 237% above the HPI. So the extrapolation line tracks at 237% above the HPI over time, until the June 2017 sale, where it falls to 236% above the HPI. The line then continues to track at 236% above the HPI.

What might THE SPINNEY be worth now?

THE SPINNEY might now be worth an estimated £1,062,592.

This is based on house price inflation of 38%, between June 2017 and December 2024, for detached houses, in the Bradford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38% inflationary increase is applied to the most recent sale price for THE SPINNEY of £770,000 on 2nd June 2017. For the value to have increased from £770,000 to £1,062,592 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of THE SPINNEY has moved in line with the HPI for detached houses in the Bradford local authority area.
• The June 2017 sale price of £770,000 represented a fair market value for the property.
• The size, condition, and specification of THE SPINNEY has not materially changed since June 2017.

How Large is THE SPINNEY?

THE SPINNEY is 307m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses houses in Bingley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bingley, and where THE SPINNEY lies on this distribution: 99% of detached houses houses are smaller than THE SPINNEY, and 1% of houses are larger. Note that EPC data is not available for all properties in Bingley.

THE SPINNEY: Plot and Title Map

THE SPINNEY sits on a plot of roughly 0.253 of an acre, or 1,024m². The below map shows the location of THE SPINNEY, 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 SPINNEY). 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 SPINNEY?

THE SPINNEY is located on GREENHILL LANE in BINGLEY, in the BD16 postcode district. The below map shows the position of THE SPINNEY on GREENHILL LANE.