31, COMMON LANE, WELTON, BROUGH, HU15 1PT - £325,000

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

31 COMMON LANE is a very small extended semi-detached house of 92m², built sometime between 1950 and 1966. It was last sold for £325,000 in November 2021, which was around 7% above the average November 2021 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

31 COMMON LANE Sold Prices

Land registry data shows three sales for 31 COMMON LANE 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. One of the three 31 COMMON LANE sales was for above the average price, whilst two 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
2021 5 NOV	£325,000	£302,683	7% above HPI
2015 25 AUG	£205,000	£226,715	10% below HPI
2000 8 SEP	£65,000	£89,776	28% below HPI

31 COMMON 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 three 31 COMMON LANE sales between September 2000 and November 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 August 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 31 COMMON LANE?

31 COMMON LANE is 92m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Brough, based on EPC data. The below chart shows the distribution of detached houses by size in Brough, and where 31 COMMON LANE lies on this distribution: 17% of detached houses are smaller than 31 COMMON LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Brough.

31 COMMON LANE: Plot and Title Map

31 COMMON LANE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 31 COMMON 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 31 COMMON 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 31 COMMON LANE?

31 COMMON LANE is located in WELTON, in the HU15 postcode district. The below map shows the position of No. 31 on COMMON LANE.