7, THE PROMENADE, WITHERNSEA, HU19 2DP - £125,000

7 THE PROMENADE is a very large detached house of 143m², built sometime between 1900 and 1929. It was last sold for £125,000 in May 2011, which was around 40% below the average May 2011 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was E.

7 THE PROMENADE Sold Prices

Land registry data shows three sales for 7 THE PROMENADE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the three 7 THE PROMENADE 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
2011 31 MAY	£125,000	£208,473	40% below HPI
2010 12 NOV	£129,950	£212,119	39% below HPI
2005 28 OCT	£125,000	£205,553	39% below HPI

7 THE PROMENADE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The three 7 THE PROMENADE sales between October 2005 and May 2011 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 November 2010 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2011 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 7 THE PROMENADE?

7 THE PROMENADE is 143m² according to the EPC inspection conducted in September 2009. This puts it in the largest 20% of detached houses in Withernsea, based on EPC data. The below chart shows the distribution of detached houses by size in Withernsea, and where 7 THE PROMENADE lies on this distribution: 86% of detached houses are smaller than 7 THE PROMENADE, and 14% of houses are larger. Note that EPC data is not available for all properties in Withernsea.

7 THE PROMENADE: Plot and Title Map

7 THE PROMENADE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 7 THE PROMENADE, 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 7 THE PROMENADE). 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 7 THE PROMENADE?

7 THE PROMENADE is located in WITHERNSEA, in the HU19 postcode district. The below map shows the position of No. 7 on THE PROMENADE.