WOOD CLOSE, GISBURN ROAD, HELLIFIELD, SKIPTON, BD23 4LA - £170,000

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.

WOOD CLOSE is a very small extended detached house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £256,464. It was last sold for £170,000 in July 2012, which was around 41% below the average July 2012 detached price in the North Yorkshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

WOOD CLOSE Sold Prices

Land registry data shows four sales for WOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. All of the four WOOD CLOSE 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
2012 6 JUL	£170,000	£287,743	41% below HPI
2001 23 AUG	£110,000	£140,152	22% below HPI
1999 9 DEC	£75,000	£114,099	34% below HPI
1998 15 MAY	£75,000	£104,127	28% below HPI

WOOD CLOSE 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 four WOOD CLOSE sales between May 1998 and July 2012 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2012 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might WOOD CLOSE be worth now?

WOOD CLOSE might now be worth an estimated £256,464.

This is based on house price inflation of 50.9%, between July 2012 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 50.9% inflationary increase is applied to the most recent sale price for WOOD CLOSE of £170,000 on 6th July 2012. For the value to have increased from £170,000 to £256,464 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of WOOD CLOSE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The July 2012 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of WOOD CLOSE has not materially changed since July 2012.

How Large is WOOD CLOSE?

WOOD CLOSE is 74m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses houses in Hellifield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hellifield, and where WOOD CLOSE lies on this distribution: 6% of detached houses houses are smaller than WOOD CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hellifield.

WOOD CLOSE: Plot and Title Map

WOOD CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of WOOD CLOSE, 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 WOOD CLOSE). 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 WOOD CLOSE?

WOOD CLOSE is located on GISBURN ROAD in HELLIFIELD, in the BD23 postcode district. The below map shows the position of WOOD CLOSE on GISBURN ROAD.