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
18 HEADS LANE is a very large extended detached house of 175m², built sometime between 1996 and 2002. It was last sold for £495,000 in November 2022, which was around 53% above the average November 2022 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 18 HEADS LANE since 1st 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 18 HEADS 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 |
---|---|---|---|
2022 14 NOV | £495,000 | £322,672 | 53% above HPI |
2001 19 JAN | £179,000 | £92,857 | 93% above HPI |
1997 19 MAR | £53,000 | £74,677 | 29% below HPI |
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 18 HEADS LANE sales between March 1997 and November 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 January 2001 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the November 2022 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.
18 HEADS LANE is 175m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses in Hessle, based on EPC data. The below chart shows the distribution of detached houses by size in Hessle, and where 18 HEADS LANE lies on this distribution: 80% of detached houses are smaller than 18 HEADS LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Hessle.
18 HEADS LANE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 18 HEADS 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 18 HEADS 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.
18 HEADS LANE is located in HESSLE, in the HU13 postcode district. The below map shows the position of No. 18 on HEADS LANE.