3, OLD SCHOOL CLOSE, YORK, YO10 3BT - £221,500

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.

3 OLD SCHOOL CLOSE is a very small terraced house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £284,198. It was last sold for £221,500 in March 2019, which was around 1% below the average March 2019 terraced price in the York local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

3 OLD SCHOOL CLOSE Sold Prices

Land registry data shows five sales for 3 OLD SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the York local authority area for the corresponding sale date. The five 3 OLD SCHOOL CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2019 8 MAR	£221,500	£223,255	1% below HPI
2014 11 JUL	£169,995	£180,615	6% below HPI
2006 23 NOV	£158,500	£158,827	Close to HPI
2003 17 APR	£120,000	£108,837	10% above HPI
1998 8 MAY	£62,950	£51,159	23% above HPI

3 OLD SCHOOL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the York local authority area over time, sourced from the HPI. The five 3 OLD SCHOOL CLOSE sales between May 1998 and March 2019 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 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 OLD SCHOOL CLOSE be worth now?

3 OLD SCHOOL CLOSE might now be worth an estimated £284,198.

This is based on house price inflation of 28.3%, between March 2019 and May 2026, for terraced houses, in the York local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.3% inflationary increase is applied to the most recent sale price for 3 OLD SCHOOL CLOSE of £221,500 on 8th March 2019. For the value to have increased from £221,500 to £284,198 over the six years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 OLD SCHOOL CLOSE has moved in line with the HPI for terraced houses in the York local authority area.
• The March 2019 sale price of £221,500 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD SCHOOL CLOSE has not materially changed since March 2019.

How Large is 3 OLD SCHOOL CLOSE?

3 OLD SCHOOL CLOSE is 73m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of terraced houses houses in York, based on EPC data. The below chart shows the distribution of terraced houses houses by size in York, and where 3 OLD SCHOOL CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 3 OLD SCHOOL CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in York.

3 OLD SCHOOL CLOSE: Plot and Title Map

3 OLD SCHOOL CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 3 OLD SCHOOL 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 3 OLD SCHOOL 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 3 OLD SCHOOL CLOSE?

3 OLD SCHOOL CLOSE is located in YORK, in the YO10 postcode district. The below map shows the position of No. 3 on OLD SCHOOL CLOSE.