2, SPENCER WAY, COTTINGHAM, HU16 4EQ - £395,000

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

2 SPENCER WAY is a large extended detached house of 161m², built sometime between 1983 and 1990. It was last sold for £395,000 in March 2024, which was around 26% above the average March 2024 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

2 SPENCER WAY Sold Prices

Land registry data shows three sales for 2 SPENCER WAY 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. All of the three 2 SPENCER WAY 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
2024 18 MAR	£395,000	£314,495	26% above HPI
2022 11 FEB	£400,000	£306,957	30% above HPI
2002 4 OCT	£215,000	£129,319	66% above HPI

2 SPENCER WAY 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 2 SPENCER WAY sales between October 2002 and March 2024 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 2022 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the March 2024 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 2 SPENCER WAY?

2 SPENCER WAY is 161m², which includes three extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in Cottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cottingham, and where 2 SPENCER WAY lies on this distribution: 80% of detached houses are smaller than 2 SPENCER WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Cottingham.

2 SPENCER WAY: Plot and Title Map

2 SPENCER WAY sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 2 SPENCER WAY, 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 SPENCER WAY). 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 SPENCER WAY?

2 SPENCER WAY is located in COTTINGHAM, in the HU16 postcode district. The below map shows the position of No. 2 on SPENCER WAY.