According to the public record, 16, Folly Lane, Wetherby is a mid-century freehold house with 936 ft2 of internal area and sits on a 416 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Folly Lane, Bramham, Wetherby, LS23 is located in the borough of Leeds within the LS23 postal district.
16, Folly Lane, Wetherby has 3 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Folly Lane Wetherby as £499,031 and the rental value as £1,742 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 16 Folly Lane Wetherby has increased by £13,044 (2.6%) and its rental value has increased by £9 per month (0.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Folly Lane, Wetherby is in very good condition we estimate a sale value of £523,982 and rental value of £1,829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £464,099 and a rental value of £1,620 per month.
If you were able to purchase this property for the estimated value of £499,031, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,453 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 16, Folly Lane, Wetherby sits on a plot of 416m2.
We have plot size data on 12 out of 19 other houses in the postcode and 16, Folly Lane, Wetherby sits on the 3rd largest plot.
According to HM Land Registry, 16, Folly Lane, Wetherby was last sold on 21 Jul 2017 for £340,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2017, the market for similar properties has risen 33.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Folly Lane, Wetherby within a radius of 2.5 kilometres over the last 2 years.
The most recent example is Mole End Cottage, High Street, Wetherby, LS23 6QQ, a Freehold house which sold for £280,000 in Oct 2018.
Read more about house prices in LS23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Folly Lane, Bramham, Wetherby, LS23 has a total of 19 addresses. According to our analysis of all the public data, 16, Folly Lane, Wetherby is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in LS23.
16, Folly Lane, Wetherby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 16, Folly Lane, Wetherby is Ulleskelf station which is 9.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Folly Lane, Wetherby, 47.4% of property is privately owned outright and 40.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Folly Lane, Wetherby, 16.3% of residents are recorded as possessing school level qualifications and 52.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Folly Lane, Wetherby, the average age was 45.1 and the most common age was 72.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Folly Lane, Wetherby, 1.3% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Folly Lane, Wetherby, there are an average of 1.6 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.