2, SHETLAND CLOSE, HULL, HU8 9XX - £218,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SHETLAND CLOSE is a small detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £235,539. It was last sold for £218,000 in March 2023, which was around 4% below the average March 2023 detached price in the City of Kingston upon Hull local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

2 SHETLAND CLOSE Sold Prices

Land registry data shows three sales for 2 SHETLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Kingston upon Hull local authority area for the corresponding sale date. All of the three 2 SHETLAND 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
2023 8 MAR	£218,000	£227,840	4% below HPI
2020 25 FEB	£182,000	£192,571	5% below HPI
1996 29 OCT	£57,950	£61,575	6% below HPI

2 SHETLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Kingston upon Hull local authority area over time, sourced from the HPI. The three 2 SHETLAND CLOSE sales between October 1996 and March 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 February 2020 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 SHETLAND CLOSE be worth now?

2 SHETLAND CLOSE might now be worth an estimated £235,539.

This is based on house price inflation of 8%, between March 2023 and December 2024, for detached houses, in the City of Kingston upon Hull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8% inflationary increase is applied to the most recent sale price for 2 SHETLAND CLOSE of £218,000 on 8th March 2023. For the value to have increased from £218,000 to £235,539 over the three months to December 2024, the following assumptions must hold true:

• The value of 2 SHETLAND CLOSE has moved in line with the HPI for detached houses in the City of Kingston upon Hull local authority area.
• The March 2023 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHETLAND CLOSE has not materially changed since March 2023.

How Large is 2 SHETLAND CLOSE?

2 SHETLAND CLOSE is 95m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% of detached houses houses in Kingston upon Hull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingston upon Hull, and where 2 SHETLAND CLOSE lies on this distribution: 40% of detached houses houses are smaller than 2 SHETLAND CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Kingston upon Hull.

2 SHETLAND CLOSE: Plot and Title Map

2 SHETLAND CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 2 SHETLAND 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 2 SHETLAND 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 2 SHETLAND CLOSE?

2 SHETLAND CLOSE is located in HULL, in the HU8 postcode district. The below map shows the position of No. 2 on SHETLAND CLOSE.