1, MERCHANTS DRIVE, COTTINGHAM, HU16 5AQ - £617,000

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 MERCHANTS DRIVE is a very large detached house of 272m², built sometime from 2007 onwards. It was last sold for £617,000 in June 2021, which was around 113% above the average June 2021 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

1 MERCHANTS DRIVE Sold Prices

Land registry data shows two sales for 1 MERCHANTS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. Both of the two 1 MERCHANTS DRIVE 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
2021 30 JUN	£617,000	£289,870	113% above HPI
2012 4 OCT	£565,000	£205,425	175% above HPI

1 MERCHANTS DRIVE 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 two 1 MERCHANTS DRIVE sales from October 2012 and June 2021 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 2012 sale was for 175% above the HPI. So the extrapolation line tracks at 175% above the HPI over time, until the June 2021 sale, where it falls to 113% above the HPI. The line then continues to track at 113% above the HPI.

How Large is 1 MERCHANTS DRIVE?

1 MERCHANTS DRIVE is 272m² according to the EPC inspection conducted in January 2018. This puts it in the largest 10% of detached houses in Cottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cottingham, and where 1 MERCHANTS DRIVE lies on this distribution: 98% of detached houses are smaller than 1 MERCHANTS DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Cottingham.

1 MERCHANTS DRIVE: Plot and Title Map

1 MERCHANTS DRIVE sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of 1 MERCHANTS DRIVE, 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 MERCHANTS DRIVE). 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 MERCHANTS DRIVE?

1 MERCHANTS DRIVE is located in COTTINGHAM, in the HU16 postcode district. The below map shows the position of No. 1 on MERCHANTS DRIVE.