REDCOT, NEWALL MOUNT, OTLEY, LS21 2DY - £375,000

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.

REDCOT is a very large terraced house of 206m², built sometime between 1900 and 1929, which could now be worth an estimated £624,599. It was last sold for £375,000 in July 2015, which was around 204% above the average July 2015 terraced price in the Leeds local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

REDCOT Sold Prices

Land registry data shows two sales for REDCOT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Leeds local authority area for the corresponding sale date. Both of the two REDCOT sales were 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
2015 6 JUL	£375,000	£123,178	204% above HPI
1999 20 AUG	£110,000	£41,883	163% above HPI

REDCOT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Leeds local authority area over time, sourced from the HPI. The two REDCOT sales from August 1999 and July 2015 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 1999 sale was for 163% above the HPI. So the extrapolation line tracks at 163% above the HPI over time, until the July 2015 sale, where it rises to 204% above the HPI. The line then continues to track at 204% above the HPI.

What might REDCOT be worth now?

REDCOT might now be worth an estimated £624,599.

This is based on house price inflation of 66.6%, between July 2015 and April 2026, for terraced houses, in the Leeds local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.6% inflationary increase is applied to the most recent sale price for REDCOT of £375,000 on 6th July 2015. For the value to have increased from £375,000 to £624,599 over the eleven years and three months to April 2026, the following assumptions must hold true:

• The value of REDCOT has moved in line with the HPI for terraced houses in the Leeds local authority area.
• The July 2015 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of REDCOT has not materially changed since July 2015.

How Large is REDCOT?

REDCOT is 206m² according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of terraced houses houses in Otley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Otley, and where REDCOT lies on this distribution: 94% of terraced houses houses are smaller than REDCOT, and 6% of houses are larger. Note that EPC data is not available for all properties in Otley.

REDCOT: Plot and Title Map

REDCOT sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of REDCOT, 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 REDCOT). 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 REDCOT?

REDCOT is located on NEWALL MOUNT in OTLEY, in the LS21 postcode district. The below map shows the position of REDCOT on NEWALL MOUNT.