162, MAGDALEN LANE, HEDON, HULL, HU12 8LB - £432,000

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

162 MAGDALEN LANE is a very large detached house of 166m², built sometime between 1967 and 1975. It was last sold for £432,000 in February 2023, which was around 33% above the average February 2023 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

162 MAGDALEN LANE Sold Prices

Land registry data shows three sales for 162 MAGDALEN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. Two of the three 162 MAGDALEN LANE sales were for above the average price, whilst one was 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
2023 24 FEB	£432,000	£323,947	33% above HPI
2015 29 MAY	£285,000	£222,000	28% above HPI
2001 18 JUL	£94,000	£94,742	1% below HPI

162 MAGDALEN LANE 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 three 162 MAGDALEN LANE sales between July 2001 and February 2023 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 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the February 2023 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 162 MAGDALEN LANE?

162 MAGDALEN LANE is 166m² according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of detached houses in Hedon, based on EPC data. The below chart shows the distribution of detached houses by size in Hedon, and where 162 MAGDALEN LANE lies on this distribution: 92% of detached houses are smaller than 162 MAGDALEN LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Hedon.

162 MAGDALEN LANE: Plot and Title Map

162 MAGDALEN LANE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 162 MAGDALEN 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 162 MAGDALEN 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.

Where is 162 MAGDALEN LANE?

162 MAGDALEN LANE is located in HEDON, in the HU12 postcode district. The below map shows the position of No. 162 on MAGDALEN LANE.