16, VALWAY, HOOK, GOOLE, DN14 5PE - £257,000

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.

16 VALWAY is a very small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £270,251. It was last sold for £257,000 in December 2022, which was around 21% below the average December 2022 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

16 VALWAY Sold Prices

Land registry data shows two sales for 16 VALWAY 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 16 VALWAY 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
2022 20 DEC	£257,000	£324,433	21% below HPI
2009 30 JUN	£152,500	£198,804	23% below HPI

16 VALWAY 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 16 VALWAY sales from June 2009 and December 2022 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 June 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 16 VALWAY be worth now?

16 VALWAY might now be worth an estimated £270,251.

This is based on house price inflation of 5.2%, between December 2022 and February 2025, for detached 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 5.2% inflationary increase is applied to the most recent sale price for 16 VALWAY of £257,000 on 20th December 2022. For the value to have increased from £257,000 to £270,251 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 VALWAY has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The December 2022 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 16 VALWAY has not materially changed since December 2022.

How Large is 16 VALWAY?

16 VALWAY is 93m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses houses in Hook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hook, and where 16 VALWAY lies on this distribution: 13% of detached houses houses are smaller than 16 VALWAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Hook.

16 VALWAY: Plot and Title Map

16 VALWAY sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 16 VALWAY, 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 VALWAY). 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 VALWAY?

16 VALWAY is located in HOOK, in the DN14 postcode district. The below map shows the position of No. 16 on VALWAY.