5, THE BALES, SOUTH MILFORD, LEEDS, LS25 5GG - £260,000

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 THE BALES is a midsized extended terraced house of 114m², built sometime from 2007 onwards, which could now be worth an estimated £327,273. It was last sold for £260,000 in June 2018, which was around 53% above the average June 2018 terraced price in the North Yorkshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

5 THE BALES Sold Prices

Land registry data shows two sales for 5 THE BALES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Yorkshire local authority area for the corresponding sale date. Both of the two 5 THE BALES 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
2018 13 JUN	£260,000	£170,483	53% above HPI
2007 30 NOV	£224,995	£159,281	41% above HPI

5 THE BALES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Yorkshire local authority area over time, sourced from the HPI. The two 5 THE BALES sales from November 2007 and June 2018 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 2007 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2018 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 5 THE BALES be worth now?

5 THE BALES might now be worth an estimated £327,273.

This is based on house price inflation of 25.9%, between June 2018 and June 2025, for terraced houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.9% inflationary increase is applied to the most recent sale price for 5 THE BALES of £260,000 on 13th June 2018. For the value to have increased from £260,000 to £327,273 over the seven years to June 2025, the following assumptions must hold true:

• The value of 5 THE BALES has moved in line with the HPI for terraced houses in the North Yorkshire local authority area.
• The June 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE BALES has not materially changed since June 2018.

How Large is 5 THE BALES?

5 THE BALES is 114m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 50% of terraced houses houses in South Milford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in South Milford, and where 5 THE BALES lies on this distribution: 49% of terraced houses houses are smaller than 5 THE BALES, and 50% of houses are larger. Note that EPC data is not available for all properties in South Milford.

5 THE BALES: Plot and Title Map

5 THE BALES sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 5 THE BALES, 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 THE BALES). 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 THE BALES?

5 THE BALES is located in SOUTH MILFORD, in the LS25 postcode district. The below map shows the position of No. 5 on THE BALES.