16, MARCHANT CLOSE, BEVERLEY, HU17 9GE - £230,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 MARCHANT CLOSE is a very small extended detached house of 76m², built sometime between 1991 and 1995. It was last sold for £230,000 in January 2020, which was around 13% below the average January 2020 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

16 MARCHANT CLOSE Sold Prices

Land registry data shows four sales for 16 MARCHANT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the four 16 MARCHANT CLOSE 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
2020 31 JAN	£230,000	£264,117	13% below HPI
2015 11 DEC	£170,000	£229,181	26% below HPI
2000 30 NOV	£75,950	£90,474	16% below HPI
1995 20 DEC	£72,950	£74,383	2% below HPI

16 MARCHANT CLOSE 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 four 16 MARCHANT CLOSE sales between December 1995 and January 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 December 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 16 MARCHANT CLOSE?

16 MARCHANT CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Beverley, based on EPC data. The below chart shows the distribution of detached houses by size in Beverley, and where 16 MARCHANT CLOSE lies on this distribution: 8% of detached houses are smaller than 16 MARCHANT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Beverley.

16 MARCHANT CLOSE: Plot and Title Map

16 MARCHANT CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 16 MARCHANT CLOSE, 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 16 MARCHANT CLOSE). 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 16 MARCHANT CLOSE?

16 MARCHANT CLOSE is located in BEVERLEY, in the HU17 postcode district. The below map shows the position of No. 16 on MARCHANT CLOSE.