REDHOUSE, EASTERN TERRACE, YORK, YO31 7TN - £487,500

REDHOUSE is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £487,500 in January 2023, which was around 8% below the average January 2023 detached price in the York local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

REDHOUSE Sold Prices

Land registry data shows three sales for REDHOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the York local authority area for the corresponding sale date. All of the three REDHOUSE 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
2023 25 JAN	£487,500	£527,392	8% below HPI
2021 11 JUN	£398,500	£462,125	14% below HPI
2014 6 NOV	£270,000	£331,981	19% below HPI

REDHOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the York local authority area over time, sourced from the HPI. The three REDHOUSE sales between November 2014 and January 2023 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 June 2021 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is REDHOUSE?

REDHOUSE is 115m², which includes three extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 50% of detached houses in York, based on EPC data. The below chart shows the distribution of detached houses by size in York, and where REDHOUSE lies on this distribution: 56% of detached houses are smaller than REDHOUSE, and 43% of houses are larger. Note that EPC data is not available for all properties in York.

REDHOUSE: Plot and Title Map

REDHOUSE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of REDHOUSE, 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 REDHOUSE). 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 REDHOUSE?

REDHOUSE is located on EASTERN TERRACE in YORK, in the YO31 postcode district. The below map shows the position of REDHOUSE on EASTERN TERRACE.