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 NEW ROAD is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £247,500 in March 2024, which was around 22% below the average March 2024 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 4 NEW ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the five 4 NEW ROAD 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 |
---|---|---|---|
2024 22 MAR | £247,500 | £315,671 | 22% below HPI |
2023 9 JUN | £242,500 | £318,742 | 24% below HPI |
2010 23 APR | £155,000 | £207,363 | 25% below HPI |
2008 10 OCT | £149,950 | £220,301 | 32% below HPI |
1998 19 JUN | £59,500 | £79,151 | 25% below HPI |
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 five 4 NEW ROAD sales between June 1998 and March 2024 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 June 2023 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
4 NEW ROAD is 89m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses in Nafferton, based on EPC data. The below chart shows the distribution of detached houses by size in Nafferton, and where 4 NEW ROAD lies on this distribution: 23% of detached houses are smaller than 4 NEW ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Nafferton.
4 NEW ROAD sits on a plot of roughly 0.146 of an acre, or 593m². The below map shows the location of 4 NEW ROAD, 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 NEW ROAD). 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.
4 NEW ROAD is located in NAFFERTON, in the YO25 postcode district. The below map shows the position of No. 4 on NEW ROAD.