5, GROVE TERRACE LANE, YORK, YO31 8PL - £175,000

5 GROVE TERRACE LANE is a very small detached house of 64m², built sometime between 1991 and 1995. It was last sold for £175,000 in February 2009, which was around 32% below the average February 2009 detached price in the York local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was D.

5 GROVE TERRACE LANE Sold Prices

Land registry data shows two sales for 5 GROVE TERRACE 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 York local authority area for the corresponding sale date. Both of the two 5 GROVE TERRACE LANE 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
2009 9 FEB	£175,000	£256,082	32% below HPI
1997 10 JUN	£60,000	£97,856	39% below HPI

5 GROVE TERRACE LANE 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 GROVE TERRACE LANE sales from June 1997 and February 2009 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 June 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2009 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 GROVE TERRACE LANE?

5 GROVE TERRACE LANE is 64m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% of detached houses in York, based on EPC data. The below chart shows the distribution of detached houses by size in York, and where 5 GROVE TERRACE LANE lies on this distribution: 5% of detached houses are smaller than 5 GROVE TERRACE LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in York.

5 GROVE TERRACE LANE: Plot and Title Map

5 GROVE TERRACE LANE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 5 GROVE TERRACE 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 5 GROVE TERRACE 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 5 GROVE TERRACE LANE?

5 GROVE TERRACE LANE is located in YORK, in the YO31 postcode district. The below map shows the position of No. 5 on GROVE TERRACE LANE.