1, FIRST LANE, SOUTH CAVE, BROUGH, HU15 2AX - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FIRST LANE is a large extended detached house of 166m², built sometime between 1950 and 1966. It was last sold for £400,000 in December 2020, which was around 40% above the average December 2020 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

1 FIRST LANE Sold Prices

Land registry data shows three sales for 1 FIRST LANE 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 1 FIRST LANE 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
2020 16 DEC	£400,000	£285,072	40% above HPI
2017 27 OCT	£285,000	£253,673	12% above HPI
1997 12 SEP	£84,000	£78,535	7% above HPI

1 FIRST LANE 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 1 FIRST LANE sales between September 1997 and December 2020 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 October 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2020 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 1 FIRST LANE?

1 FIRST LANE is 166m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses in South Cave, based on EPC data. The below chart shows the distribution of detached houses by size in South Cave, and where 1 FIRST LANE lies on this distribution: 80% of detached houses are smaller than 1 FIRST LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in South Cave.

1 FIRST LANE: Plot and Title Map

1 FIRST LANE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 1 FIRST LANE, 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 1 FIRST LANE). 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 1 FIRST LANE?

1 FIRST LANE is located in SOUTH CAVE, in the HU15 postcode district. The below map shows the position of No. 1 on FIRST LANE.