3, WATERMILL LANE, NORTH STAINLEY, RIPON, HG4 3LA - £415,000

3 WATERMILL LANE is a small detached house of 120m², built sometime between 1991 and 1995. It was last sold for £415,000 in March 2021, which was around 17% above the average March 2021 detached price in the North Yorkshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was D.

3 WATERMILL LANE Sold Prices

Land registry data shows two sales for 3 WATERMILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. Both of the two 3 WATERMILL LANE 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
2021 25 MAR	£415,000	£355,021	17% above HPI
1996 15 NOV	£135,000	£91,015	48% above HPI

3 WATERMILL LANE 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 two 3 WATERMILL LANE sales from November 1996 and March 2021 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 November 1996 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the March 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 3 WATERMILL LANE?

3 WATERMILL LANE is 120m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses in North Stainley, based on EPC data. The below chart shows the distribution of detached houses by size in North Stainley, and where 3 WATERMILL LANE lies on this distribution: 29% of detached houses are smaller than 3 WATERMILL LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in North Stainley.

3 WATERMILL LANE: Plot and Title Map

3 WATERMILL LANE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 3 WATERMILL LANE, 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 WATERMILL LANE). 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 WATERMILL LANE?

3 WATERMILL LANE is located in NORTH STAINLEY, in the HG4 postcode district. The below map shows the position of No. 3 on WATERMILL LANE.