18, WELL LANE, BEVERLEY, HU17 9BL - £295,000

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

18 WELL LANE is a large detached house of 125m², built sometime between 1983 and 1990. It was last sold for £295,000 in July 2014, which was around 37% above the average July 2014 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

18 WELL LANE Sold Prices

Land registry data shows four sales for 18 WELL LANE 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 18 WELL LANE sales were for above 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 18 JUL	£295,000	£215,266	37% above HPI
2000 1 AUG	£94,000	£87,648	7% above HPI
1996 28 JUN	£86,500	£76,333	13% above HPI
1995 21 JUL	£97,500	£75,843	29% above HPI

18 WELL 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 four 18 WELL LANE sales between July 1995 and July 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 August 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2014 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 18 WELL LANE?

18 WELL LANE is 125m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses in Beverley, based on EPC data. The below chart shows the distribution of detached houses by size in Beverley, and where 18 WELL LANE lies on this distribution: 62% of detached houses are smaller than 18 WELL LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Beverley.

18 WELL LANE: Plot and Title Map

18 WELL LANE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 18 WELL 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 WELL 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 18 WELL LANE?

18 WELL LANE is located in BEVERLEY, in the HU17 postcode district. The below map shows the position of No. 18 on WELL LANE.