5, CHAPEL CLOSE, PRESTON, HULL, HU12 8QJ - £196,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 CHAPEL CLOSE is a very large detached house of 153m², built sometime between 1996 and 2002, which could now be worth an estimated £248,625. It was last sold for £196,000 in June 2020, which was around 27% below the average June 2020 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

5 CHAPEL CLOSE Sold Prices

Land registry data shows three sales for 5 CHAPEL CLOSE 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. Two of the three 5 CHAPEL CLOSE sales were for below the average price, whilst one was 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
2020 25 JUN	£196,000	£268,949	27% below HPI
2017 22 FEB	£220,000	£242,161	9% below HPI
2000 28 JUL	£117,000	£87,428	34% above HPI

5 CHAPEL 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 three 5 CHAPEL CLOSE sales between July 2000 and June 2020 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 February 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 CHAPEL CLOSE be worth now?

5 CHAPEL CLOSE might now be worth an estimated £248,625.

This is based on house price inflation of 26.8%, between June 2020 and February 2025, for detached houses, in the East Riding of Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.8% inflationary increase is applied to the most recent sale price for 5 CHAPEL CLOSE of £196,000 on 25th June 2020. For the value to have increased from £196,000 to £248,625 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 5 CHAPEL CLOSE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The June 2020 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHAPEL CLOSE has not materially changed since June 2020.

How Large is 5 CHAPEL CLOSE?

5 CHAPEL CLOSE is 153m² according to the EPC inspection conducted in October 2010. This puts it in the largest 20% of detached houses houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where 5 CHAPEL CLOSE lies on this distribution: 89% of detached houses houses are smaller than 5 CHAPEL CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Preston.

5 CHAPEL CLOSE: Plot and Title Map

5 CHAPEL CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 5 CHAPEL 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 CHAPEL 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 CHAPEL CLOSE?

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