16, ROWAN CLOSE, THORPE WILLOUGHBY, SELBY, YO8 9FJ - £250,000

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.

16 ROWAN CLOSE is a very small detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £257,089. It was last sold for £250,000 in June 2022, which was around 40% below the average June 2022 detached price in the North Yorkshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

16 ROWAN CLOSE Sold Prices

Land registry data shows three sales for 16 ROWAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. All of the three 16 ROWAN 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
2022 23 JUN	£250,000	£416,923	40% below HPI
2004 13 AUG	£140,000	£254,947	45% below HPI
1997 10 SEP	£55,000	£102,318	46% below HPI

16 ROWAN 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 three 16 ROWAN CLOSE sales between September 1997 and June 2022 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 2004 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 16 ROWAN CLOSE be worth now?

16 ROWAN CLOSE might now be worth an estimated £257,089.

This is based on house price inflation of 2.8%, between June 2022 and June 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 2.8% inflationary increase is applied to the most recent sale price for 16 ROWAN CLOSE of £250,000 on 23rd June 2022. For the value to have increased from £250,000 to £257,089 over the three years to June 2025, the following assumptions must hold true:

• The value of 16 ROWAN CLOSE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The June 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ROWAN CLOSE has not materially changed since June 2022.

How Large is 16 ROWAN CLOSE?

16 ROWAN CLOSE is 74m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses houses in Thorpe Willoughby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thorpe Willoughby, and where 16 ROWAN CLOSE lies on this distribution: 11% of detached houses houses are smaller than 16 ROWAN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Thorpe Willoughby.

16 ROWAN CLOSE: Plot and Title Map

16 ROWAN CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 16 ROWAN 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 16 ROWAN 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 16 ROWAN CLOSE?

16 ROWAN CLOSE is located in THORPE WILLOUGHBY, in the YO8 postcode district. The below map shows the position of No. 16 on ROWAN CLOSE.