3, THE GILLS, OTLEY, LS21 2AQ - £174,000

3 THE GILLS is a very small extended detached house of 65m², built sometime between 1967 and 1975. It was last sold for £174,000 in February 2013, which was around 30% below the average February 2013 detached price in the Leeds local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was B.

3 THE GILLS Sold Prices

Land registry data shows two sales for 3 THE GILLS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. Both of the two 3 THE GILLS 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
2013 19 FEB	£174,000	£247,376	30% below HPI
1996 8 JUL	£71,500	£87,907	19% below HPI

3 THE GILLS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The two 3 THE GILLS sales from July 1996 and February 2013 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 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 THE GILLS?

3 THE GILLS is 65m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Otley, based on EPC data. The below chart shows the distribution of detached houses by size in Otley, and where 3 THE GILLS lies on this distribution: 4% of detached houses are smaller than 3 THE GILLS, and 95% of houses are larger. Note that EPC data is not available for all properties in Otley.

3 THE GILLS: Plot and Title Map

3 THE GILLS sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 3 THE GILLS, 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 THE GILLS). 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 THE GILLS?

3 THE GILLS is located in OTLEY, in the LS21 postcode district. The below map shows the position of No. 3 on THE GILLS.