55, MILNER BANK, OTLEY, LS21 3NE - £300,000

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.

55 MILNER BANK is a very small extended semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £313,377. It was last sold for £300,000 in December 2022, which was around 19% above the average December 2022 semi-detached price in the Leeds local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

55 MILNER BANK Sold Prices

Land registry data shows five sales for 55 MILNER BANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Leeds local authority area for the corresponding sale date. All of the five 55 MILNER BANK 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
2022 14 DEC	£300,000	£252,431	19% above HPI
2021 12 FEB	£250,000	£216,604	15% above HPI
2017 31 AUG	£217,500	£181,844	20% above HPI
2013 13 AUG	£165,000	£142,878	15% above HPI
1996 16 SEP	£63,400	£50,298	26% above HPI

55 MILNER BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leeds local authority area over time, sourced from the HPI. The five 55 MILNER BANK sales between September 1996 and December 2022 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 February 2021 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2022 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 55 MILNER BANK be worth now?

55 MILNER BANK might now be worth an estimated £313,377.

This is based on house price inflation of 4.5%, between December 2022 and February 2025, for semi-detached houses, in the Leeds local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.5% inflationary increase is applied to the most recent sale price for 55 MILNER BANK of £300,000 on 14th December 2022. For the value to have increased from £300,000 to £313,377 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 55 MILNER BANK has moved in line with the HPI for semi-detached houses in the Leeds local authority area.
• The December 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 55 MILNER BANK has not materially changed since December 2022.

How Large is 55 MILNER BANK?

55 MILNER BANK is 77m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of semi-detached houses houses in Otley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Otley, and where 55 MILNER BANK lies on this distribution: 13% of semi-detached houses houses are smaller than 55 MILNER BANK, and 86% of houses are larger. Note that EPC data is not available for all properties in Otley.

55 MILNER BANK: Plot and Title Map

55 MILNER BANK sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 55 MILNER BANK, 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 55 MILNER BANK). 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 55 MILNER BANK?

55 MILNER BANK is located in OTLEY, in the LS21 postcode district. The below map shows the position of No. 55 on MILNER BANK.