2, WELL LANE, WILLERBY, HULL, HU10 6EP - £540,000

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

2 WELL LANE is a very large extended detached house of 180m², built sometime before 1900. It was last sold for £540,000 in December 2021, which was around 77% above the average December 2021 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was B.

2 WELL LANE Sold Prices

Land registry data shows two sales for 2 WELL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. Both of the two 2 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
2021 6 DEC	£540,000	£304,594	77% above HPI
2015 15 JUL	£333,000	£223,254	49% above HPI

2 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 two 2 WELL LANE sales from July 2015 and December 2021 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 July 2015 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the December 2021 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 2 WELL LANE?

2 WELL LANE is 180m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses in Willerby, based on EPC data. The below chart shows the distribution of detached houses by size in Willerby, and where 2 WELL LANE lies on this distribution: 89% of detached houses are smaller than 2 WELL LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Willerby.

2 WELL LANE: Plot and Title Map

2 WELL LANE sits on a plot of roughly 0.254 of an acre, or 1,027m². The below map shows the location of 2 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 2 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 2 WELL LANE?

2 WELL LANE is located in WILLERBY, in the HU10 postcode district. The below map shows the position of No. 2 on WELL LANE.