1, RICHMOND COTTAGES, STATION ROAD, CRANSWICK, DRIFFIELD, YO25 9QZ - £120,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 RICHMOND COTTAGES is a very small terraced house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £182,467. It was last sold for £120,000 in October 2014, which was around 8% above the average October 2014 terraced price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

1 RICHMOND COTTAGES Sold Prices

Land registry data shows four sales for 1 RICHMOND COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Riding of Yorkshire local authority area for the corresponding sale date. The four 1 RICHMOND COTTAGES sales were a mix of above the average price, and roughly equal to 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
2014 3 OCT	£120,000	£110,911	8% above HPI
2008 4 JAN	£124,950	£120,453	4% above HPI
2005 10 OCT	£105,000	£104,663	Close to HPI
1995 29 MAR	£43,000	£36,129	19% above HPI

1 RICHMOND COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The four 1 RICHMOND COTTAGES sales between March 1995 and October 2014 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 January 2008 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2014 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 1 RICHMOND COTTAGES be worth now?

1 RICHMOND COTTAGES might now be worth an estimated £182,467.

This is based on house price inflation of 52.1%, between October 2014 and July 2025, for terraced houses, in the East Riding of Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.1% inflationary increase is applied to the most recent sale price for 1 RICHMOND COTTAGES of £120,000 on 3rd October 2014. For the value to have increased from £120,000 to £182,467 over the eleven years and three months to July 2025, the following assumptions must hold true:

• The value of 1 RICHMOND COTTAGES has moved in line with the HPI for terraced houses in the East Riding of Yorkshire local authority area.
• The October 2014 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RICHMOND COTTAGES has not materially changed since October 2014.

How Large is 1 RICHMOND COTTAGES?

1 RICHMOND COTTAGES is 73m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of terraced houses houses in Hutton Cranswick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hutton Cranswick, and where 1 RICHMOND COTTAGES lies on this distribution: 6% of terraced houses houses are smaller than 1 RICHMOND COTTAGES, and 94% of houses are larger. Note that EPC data is not available for all properties in Hutton Cranswick.

1 RICHMOND COTTAGES: Plot and Title Map

1 RICHMOND COTTAGES sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 1 RICHMOND COTTAGES, 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 RICHMOND COTTAGES). 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 RICHMOND COTTAGES?

1 RICHMOND COTTAGES is located on STATION ROAD in CRANSWICK, in the YO25 postcode district. The below map shows the position of 1 RICHMOND COTTAGES on STATION ROAD.