56, GALE LANE, YORK, YO24 3AA - £250,000

56 GALE LANE is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £250,000 in May 2017, which was around 36% below the average May 2017 detached price in the York local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

56 GALE LANE Sold Prices

Land registry data shows two sales for 56 GALE 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 56 GALE 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
2017 26 MAY	£250,000	£389,229	36% below HPI
2006 21 SEP	£198,950	£280,880	29% below HPI

56 GALE 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 56 GALE LANE sales from September 2006 and May 2017 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 September 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 56 GALE LANE?

56 GALE LANE is 77m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in York, based on EPC data. The below chart shows the distribution of detached houses by size in York, and where 56 GALE LANE lies on this distribution: 16% of detached houses are smaller than 56 GALE LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in York.

56 GALE LANE: Plot and Title Map

56 GALE LANE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 56 GALE 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 56 GALE 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 56 GALE LANE?

56 GALE LANE is located in YORK, in the YO24 postcode district. The below map shows the position of No. 56 on GALE LANE.