NEW HOUSE, BAGBY, THIRSK, YO7 2PH - £280,000

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.

NEW HOUSE is a small detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £346,740. It was last sold for £280,000 in January 2020, which was around 20% below the average January 2020 detached price in the North Yorkshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

NEW HOUSE Sold Prices

Land registry data shows two sales for NEW HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. One of the two NEW HOUSE sales was for below the average price, whilst the other was 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
2020 31 JAN	£280,000	£349,825	20% below HPI
2000 15 AUG	£140,000	£127,335	10% above HPI

NEW HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The two NEW HOUSE sales from August 2000 and January 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 August 2000 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might NEW HOUSE be worth now?

NEW HOUSE might now be worth an estimated £346,740.

This is based on house price inflation of 23.8%, between January 2020 and July 2026, for detached 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 23.8% inflationary increase is applied to the most recent sale price for NEW HOUSE of £280,000 on 31st January 2020. For the value to have increased from £280,000 to £346,740 over the five years and six months to July 2026, the following assumptions must hold true:

• The value of NEW HOUSE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The January 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of NEW HOUSE has not materially changed since January 2020.

How Large is NEW HOUSE?

NEW HOUSE is 120m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses houses in Bagby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bagby, and where NEW HOUSE lies on this distribution: 35% of detached houses houses are smaller than NEW HOUSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bagby.

NEW HOUSE: Plot and Title Map

NEW HOUSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of NEW 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 NEW 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 NEW HOUSE?

NEW HOUSE is located in BAGBY, in the YO7 postcode district. The below map shows the position of NEW HOUSE in BAGBY.