CRAGDALE HOUSE, WEST BUSK LANE, OTLEY, LS21 3LY - £293,000

CRAGDALE HOUSE is a very small extended detached house of 75m², built sometime between 1983 and 1990. It was last sold for £293,000 in June 2020, which was around 14% below the average June 2020 detached price in the Leeds local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

CRAGDALE HOUSE Sold Prices

Land registry data shows three sales for CRAGDALE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. All of the three CRAGDALE HOUSE 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
2020 26 JUN	£293,000	£341,692	14% below HPI
2003 9 MAY	£169,500	£184,870	8% below HPI
1997 5 JUN	£74,000	£92,958	20% below HPI

CRAGDALE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The three CRAGDALE HOUSE sales between June 1997 and June 2020 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 May 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is CRAGDALE HOUSE?

CRAGDALE HOUSE is 75m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Otley, based on EPC data. The below chart shows the distribution of detached houses by size in Otley, and where CRAGDALE HOUSE lies on this distribution: 12% of detached houses are smaller than CRAGDALE HOUSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Otley.

CRAGDALE HOUSE: Plot and Title Map

CRAGDALE HOUSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of CRAGDALE HOUSE, 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 CRAGDALE HOUSE). 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 CRAGDALE HOUSE?

CRAGDALE HOUSE is located on WEST BUSK LANE in OTLEY, in the LS21 postcode district. The below map shows the position of CRAGDALE HOUSE on WEST BUSK LANE.