4, DERWENT CLOSE, HORNSEA, HU18 1HD - £325,000

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

4 DERWENT CLOSE is a large extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £325,000 in December 2022, which was about the average December 2022 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

4 DERWENT CLOSE Sold Prices

Land registry data shows three sales for 4 DERWENT 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. The three 4 DERWENT CLOSE sales were a mix of roughly equal to the average price, and 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
2022 1 DEC	£325,000	£323,894	Close to HPI
2017 17 MAR	£215,000	£242,998	12% below HPI
2015 29 JUL	£157,500	£223,254	29% below HPI

4 DERWENT 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 4 DERWENT CLOSE sales between July 2015 and December 2022 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 March 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 4 DERWENT CLOSE?

4 DERWENT CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 30% of detached houses in Hornsea, based on EPC data. The below chart shows the distribution of detached houses by size in Hornsea, and where 4 DERWENT CLOSE lies on this distribution: 71% of detached houses are smaller than 4 DERWENT CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Hornsea.

4 DERWENT CLOSE: Plot and Title Map

4 DERWENT CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 4 DERWENT 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 4 DERWENT 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 4 DERWENT CLOSE?

4 DERWENT CLOSE is located in HORNSEA, in the HU18 postcode district. The below map shows the position of No. 4 on DERWENT CLOSE.