2A, PARK LANE, COTTINGHAM, HU16 5RD - £172,500

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

2A PARK LANE is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £243,312. It was last sold for £172,500 in April 2016, which was around 27% below the average April 2016 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

2A PARK LANE Sold Prices

Land registry data shows two sales for 2A PARK 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 2A PARK LANE 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
2016 28 APR	£172,500	£235,221	27% below HPI
2007 2 NOV	£165,000	£231,443	29% below HPI

2A PARK 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 2A PARK LANE sales from November 2007 and April 2016 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 November 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2016 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2A PARK LANE be worth now?

2A PARK LANE might now be worth an estimated £243,312.

This is based on house price inflation of 41.1%, between April 2016 and December 2024, for detached houses, in the East Riding of Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.1% inflationary increase is applied to the most recent sale price for 2A PARK LANE of £172,500 on 28th April 2016. For the value to have increased from £172,500 to £243,312 over the seven years and four months to December 2024, the following assumptions must hold true:

• The value of 2A PARK LANE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The April 2016 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 2A PARK LANE has not materially changed since April 2016.

How Large is 2A PARK LANE?

2A PARK LANE is 77m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses houses in Cottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottingham, and where 2A PARK LANE lies on this distribution: 9% of detached houses houses are smaller than 2A PARK LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Cottingham.

2A PARK LANE: Plot and Title Map

2A PARK LANE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 2A PARK 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 2A PARK 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 2A PARK LANE?

2A PARK LANE is located in COTTINGHAM, in the HU16 postcode district. The below map shows the position of No. 2A on PARK LANE.