5, BALFOUR WAY, STRENSALL, YORK, YO32 5AH - £365,000

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.

5 BALFOUR WAY is a small detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £422,223. It was last sold for £365,000 in December 2020, which was around 17% below the average December 2020 detached price in the York local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

5 BALFOUR WAY Sold Prices

Land registry data shows two sales for 5 BALFOUR WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the York local authority area for the corresponding sale date. Both of the two 5 BALFOUR WAY 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
2020 8 DEC	£365,000	£438,568	17% below HPI
2019 10 JAN	£273,000	£408,012	33% below HPI

5 BALFOUR WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the York local authority area over time, sourced from the HPI. The two 5 BALFOUR WAY sales from January 2019 and December 2020 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 January 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 5 BALFOUR WAY be worth now?

5 BALFOUR WAY might now be worth an estimated £422,223.

This is based on house price inflation of 15.7%, between December 2020 and June 2025, for detached 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 15.7% inflationary increase is applied to the most recent sale price for 5 BALFOUR WAY of £365,000 on 8th December 2020. For the value to have increased from £365,000 to £422,223 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 5 BALFOUR WAY has moved in line with the HPI for detached houses in the York local authority area.
• The December 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BALFOUR WAY has not materially changed since December 2020.

How Large is 5 BALFOUR WAY?

5 BALFOUR WAY is 90m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses houses in Strensall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Strensall, and where 5 BALFOUR WAY lies on this distribution: 27% of detached houses houses are smaller than 5 BALFOUR WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Strensall.

5 BALFOUR WAY: Plot and Title Map

5 BALFOUR WAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 5 BALFOUR WAY, 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 5 BALFOUR WAY). 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 5 BALFOUR WAY?

5 BALFOUR WAY is located in STRENSALL, in the YO32 postcode district. The below map shows the position of No. 5 on BALFOUR WAY.