5, BANKS CLOSE, EASINGTON, HULL, HU12 0SY - £115,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 BANKS CLOSE is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £115,000 in May 2014, which was around 47% below the average May 2014 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

5 BANKS CLOSE Sold Prices

Land registry data shows five sales for 5 BANKS CLOSE 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. All of the five 5 BANKS CLOSE 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
2014 12 MAY	£115,000	£215,222	47% below HPI
2010 15 SEP	£129,950	£215,420	40% below HPI
2003 10 OCT	£99,000	£158,306	37% below HPI
2002 15 MAY	£65,950	£110,954	41% below HPI
1996 26 NOV	£48,000	£76,632	37% below HPI

5 BANKS 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 five 5 BANKS CLOSE sales between November 1996 and May 2014 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 2010 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2014 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 5 BANKS CLOSE?

5 BANKS CLOSE is 61m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where 5 BANKS CLOSE lies on this distribution: 9% of detached houses are smaller than 5 BANKS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Easington.

5 BANKS CLOSE: Plot and Title Map

5 BANKS CLOSE sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 5 BANKS 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 5 BANKS 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 5 BANKS CLOSE?

5 BANKS CLOSE is located in EASINGTON, in the HU12 postcode district. The below map shows the position of No. 5 on BANKS CLOSE.