8, GALE LANE, YORK, YO24 3BB - £115,000

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.

8 GALE LANE is a very small extended terraced house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £248,055. It was last sold for £115,000 in May 2004, which was around 13% below the average May 2004 terraced price in the York local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

8 GALE LANE Sold Prices

Land registry data shows two sales for 8 GALE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the York local authority area for the corresponding sale date. Both of the two 8 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
2004 28 MAY	£115,000	£132,821	13% below HPI
2002 15 NOV	£81,000	£102,204	21% below HPI

8 GALE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the York local authority area over time, sourced from the HPI. The two 8 GALE LANE sales from November 2002 and May 2004 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 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2004 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 GALE LANE be worth now?

8 GALE LANE might now be worth an estimated £248,055.

This is based on house price inflation of 115.7%, between May 2004 and June 2025, for terraced 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 115.7% inflationary increase is applied to the most recent sale price for 8 GALE LANE of £115,000 on 28th May 2004. For the value to have increased from £115,000 to £248,055 over the twenty years and eleven months to June 2025, the following assumptions must hold true:

• The value of 8 GALE LANE has moved in line with the HPI for terraced houses in the York local authority area.
• The May 2004 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GALE LANE has not materially changed since May 2004.

How Large is 8 GALE LANE?

8 GALE LANE is 78m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of terraced houses houses in York, based on EPC data. The below chart shows the distribution of terraced houses houses by size in York, and where 8 GALE LANE lies on this distribution: 17% of terraced houses houses are smaller than 8 GALE LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in York.

8 GALE LANE: Plot and Title Map

8 GALE LANE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 8 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 8 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 8 GALE LANE?

8 GALE LANE is located in YORK, in the YO24 postcode district. The below map shows the position of No. 8 on GALE LANE.