48, MEGSON WAY, WALKINGTON, BEVERLEY, HU17 8YA - £204,000

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 MEGSON WAY is a very small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £204,000 in October 2006, which was around 7% below the average October 2006 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

48 MEGSON WAY Sold Prices

Land registry data shows four sales for 48 MEGSON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. The four 48 MEGSON WAY sales were a mix of below the average price, and roughly equal to 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
2006 6 OCT	£204,000	£219,154	7% below HPI
2004 12 MAR	£150,500	£168,730	11% below HPI
2001 29 JUN	£93,000	£93,021	Close to HPI
1996 30 AUG	£70,950	£77,144	8% below HPI

48 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 four 48 MEGSON WAY sales between August 1996 and October 2006 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 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2006 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 48 MEGSON WAY?

48 MEGSON WAY is 90m², which includes two extensions, according to the EPC inspection conducted in February 2024. 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 MEGSON WAY lies on this distribution: 16% of detached houses are smaller than 48 MEGSON WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Walkington.

48 MEGSON WAY: Plot and Title Map

48 MEGSON WAY sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 48 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 48 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 48 MEGSON WAY?

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