40, MEGSON WAY, WALKINGTON, BEVERLEY, HU17 8YA - £280,000

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

40 MEGSON WAY is a small extended detached house of 102m², built sometime between 1991 and 1995. It was last sold for £280,000 in December 2019, which was around 7% above the average December 2019 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

40 MEGSON WAY Sold Prices

Land registry data shows five sales for 40 MEGSON WAY since 1^st 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. Most of the five 40 MEGSON WAY sales were for above 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
2019 19 DEC	£280,000	£262,762	7% above HPI
2019 2 APR	£242,000	£260,118	7% below HPI
2002 4 OCT	£136,000	£129,319	5% above HPI
1998 13 MAR	£79,000	£76,637	3% above HPI
1995 24 NOV	£78,950	£74,513	6% above HPI

40 MEGSON WAY 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 five 40 MEGSON WAY sales between November 1995 and December 2019 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 April 2019 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 40 MEGSON WAY?

40 MEGSON WAY is 102m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses in Walkington, based on EPC data. The below chart shows the distribution of detached houses by size in Walkington, and where 40 MEGSON WAY lies on this distribution: 25% of detached houses are smaller than 40 MEGSON WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Walkington.

40 MEGSON WAY: Plot and Title Map

40 MEGSON WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 40 MEGSON WAY, 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 40 MEGSON WAY). 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 40 MEGSON WAY?

40 MEGSON WAY is located in WALKINGTON, in the HU17 postcode district. The below map shows the position of No. 40 on MEGSON WAY.