THE GAZEBO, CHANCERY RISE, YORK, YO24 4DG - £275,000

THE GAZEBO is a very small extended detached house of 72m², built sometime between 1996 and 2002. It was last sold for £275,000 in June 2012, which was around 7% below the average June 2012 detached price in the York local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

THE GAZEBO Sold Prices

Land registry data shows four sales for THE GAZEBO since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the York local authority area for the corresponding sale date. Most of the four THE GAZEBO 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
2012 26 JUN	£275,000	£294,853	7% below HPI
2003 10 SEP	£223,000	£228,412	2% below HPI
2002 29 JUL	£195,000	£190,895	2% above HPI
1999 30 JUN	£98,000	£106,291	8% below HPI

THE GAZEBO 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 four THE GAZEBO sales between June 1999 and June 2012 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 September 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2012 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is THE GAZEBO?

THE GAZEBO is 72m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in York, based on EPC data. The below chart shows the distribution of detached houses by size in York, and where THE GAZEBO lies on this distribution: 12% of detached houses are smaller than THE GAZEBO, and 88% of houses are larger. Note that EPC data is not available for all properties in York.

THE GAZEBO: Plot and Title Map

THE GAZEBO sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of THE GAZEBO, 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 THE GAZEBO). 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 THE GAZEBO?

THE GAZEBO is located on CHANCERY RISE in YORK, in the YO24 postcode district. The below map shows the position of THE GAZEBO on CHANCERY RISE.