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 OLD WARP LANE is a very small detached house of 60m², built sometime between 1991 and 1995. It was last sold for £110,000 in December 2016, which was around 39% below the average December 2016 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 1 OLD WARP LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. All of the three 1 OLD WARP LANE 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 |
---|---|---|---|
2016 15 DEC | £110,000 | £180,910 | 39% below HPI |
1999 5 MAY | £43,500 | £64,501 | 33% below HPI |
1996 18 OCT | £37,000 | £61,527 | 40% below HPI |
The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The three 1 OLD WARP LANE sales between October 1996 and December 2016 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 May 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2016 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
1 OLD WARP LANE is 60m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in South Ferriby, based on EPC data. The below chart shows the distribution of detached houses by size in South Ferriby, and where 1 OLD WARP LANE lies on this distribution: 13% of detached houses are smaller than 1 OLD WARP LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in South Ferriby.
1 OLD WARP LANE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 1 OLD WARP 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 OLD WARP 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.
1 OLD WARP LANE is located in SOUTH FERRIBY, in the DN18 postcode district. The below map shows the position of No. 1 on OLD WARP LANE.