OAKTREE COTTAGE, WELBURN, YORK, YO60 7DX - £185,000

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.

OAKTREE COTTAGE is a very small extended detached house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £304,896. It was last sold for £185,000 in March 2005, which was around 30% below the average March 2005 detached price in the North Yorkshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was F, and the potential energy rating was B.

OAKTREE COTTAGE Sold Prices

Land registry data shows three sales for OAKTREE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. All of the three OAKTREE COTTAGE 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
2005 14 MAR	£185,000	£263,026	30% below HPI
2000 15 DEC	£87,000	£131,155	34% below HPI
1995 23 JUN	£46,350	£92,717	50% below HPI

OAKTREE COTTAGE 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 three OAKTREE COTTAGE sales between June 1995 and March 2005 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 December 2000 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2005 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might OAKTREE COTTAGE be worth now?

OAKTREE COTTAGE might now be worth an estimated £304,896.

This is based on house price inflation of 64.8%, between March 2005 and May 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 64.8% inflationary increase is applied to the most recent sale price for OAKTREE COTTAGE of £185,000 on 14th March 2005. For the value to have increased from £185,000 to £304,896 over the twenty years and ten months to May 2026, the following assumptions must hold true:

• The value of OAKTREE COTTAGE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The March 2005 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of OAKTREE COTTAGE has not materially changed since March 2005.

How Large is OAKTREE COTTAGE?

OAKTREE COTTAGE is 70m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses houses in Welburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welburn, and where OAKTREE COTTAGE lies on this distribution: 3% of detached houses houses are smaller than OAKTREE COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Welburn.

OAKTREE COTTAGE: Plot and Title Map

OAKTREE COTTAGE sits on a plot of roughly 0.015 of an acre, or 60m². The below map shows the location of OAKTREE COTTAGE, 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 OAKTREE COTTAGE). 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 OAKTREE COTTAGE?

OAKTREE COTTAGE is located in WELBURN, in the YO60 postcode district. The below map shows the position of OAKTREE COTTAGE in WELBURN.