38, ALDER CLOSE, BROUGH, HU15 1ST - £72,000

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

38 ALDER CLOSE is a very small detached house of 58m², built sometime between 2003 and 2006, which could now be worth an estimated £114,969. It was last sold for £72,000 in August 2009, which was around 65% below the average August 2009 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

38 ALDER CLOSE Sold Prices

Land registry data shows three sales for 38 ALDER 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 East Riding of Yorkshire local authority area for the corresponding sale date. All of the three 38 ALDER 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
2009 5 AUG	£72,000	£207,779	65% below HPI
2006 26 JAN	£60,000	£206,297	71% below HPI
2003 27 JUN	£129,995	£144,837	10% below HPI

38 ALDER CLOSE 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 38 ALDER CLOSE sales between June 2003 and August 2009 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 January 2006 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the August 2009 sale, where it rises to 65% below the HPI. The line then continues to track at 65% below the HPI.

What might 38 ALDER CLOSE be worth now?

38 ALDER CLOSE might now be worth an estimated £114,969.

This is based on house price inflation of 59.7%, between August 2009 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 59.7% inflationary increase is applied to the most recent sale price for 38 ALDER CLOSE of £72,000 on 5th August 2009. For the value to have increased from £72,000 to £114,969 over the fourteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 38 ALDER CLOSE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The August 2009 sale price of £72,000 represented a fair market value for the property.
• The size, condition, and specification of 38 ALDER CLOSE has not materially changed since August 2009.

How Large is 38 ALDER CLOSE?

38 ALDER CLOSE is 58m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses houses in Brough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brough, and where 38 ALDER CLOSE lies on this distribution: 2% of detached houses houses are smaller than 38 ALDER CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Brough.

38 ALDER CLOSE: Plot and Title Map

38 ALDER CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 38 ALDER 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 38 ALDER 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 38 ALDER CLOSE?

38 ALDER CLOSE is located in BROUGH, in the HU15 postcode district. The below map shows the position of No. 38 on ALDER CLOSE.