48, CRAKE WELLS, WALKINGTON, BEVERLEY, HU17 8SB - £245,000

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

48 CRAKE WELLS is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £245,000 in March 2023, which was around 24% below the average March 2023 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was A, and the potential energy rating was A.

48 CRAKE WELLS Sold Prices

Land registry data shows three sales for 48 CRAKE WELLS 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 48 CRAKE WELLS 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
2023 24 MAR	£245,000	£321,424	24% below HPI
2002 20 SEP	£105,000	£127,775	18% below HPI
1998 7 SEP	£67,000	£81,528	18% below HPI

48 CRAKE WELLS 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 48 CRAKE WELLS sales between September 1998 and March 2023 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 September 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 48 CRAKE WELLS?

48 CRAKE WELLS is 84m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Walkington, based on EPC data. The below chart shows the distribution of detached houses by size in Walkington, and where 48 CRAKE WELLS lies on this distribution: 11% of detached houses are smaller than 48 CRAKE WELLS, and 88% of houses are larger. Note that EPC data is not available for all properties in Walkington.

48 CRAKE WELLS: Plot and Title Map

48 CRAKE WELLS sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 48 CRAKE WELLS, 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 48 CRAKE WELLS). 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 48 CRAKE WELLS?

48 CRAKE WELLS is located in WALKINGTON, in the HU17 postcode district. The below map shows the position of No. 48 on CRAKE WELLS.