53, MARKET PLACE, HORNSEA, HU18 1AP - £180,000

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

53 MARKET PLACE is a very small extended detached house of 68m², built sometime between 1991 and 1995. It was last sold for £180,000 in August 2023, which was around 45% below the average August 2023 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

53 MARKET PLACE Sold Prices

Land registry data shows three sales for 53 MARKET PLACE 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 53 MARKET PLACE 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 9 AUG	£180,000	£326,766	45% below HPI
2008 18 AUG	£120,000	£222,313	46% below HPI
2001 27 JUL	£53,500	£94,742	44% below HPI

53 MARKET PLACE 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 53 MARKET PLACE sales between July 2001 and August 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 August 2008 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2023 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 53 MARKET PLACE?

53 MARKET PLACE is 68m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Hornsea, based on EPC data. The below chart shows the distribution of detached houses by size in Hornsea, and where 53 MARKET PLACE lies on this distribution: 6% of detached houses are smaller than 53 MARKET PLACE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hornsea.

53 MARKET PLACE: Plot and Title Map

53 MARKET PLACE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 53 MARKET PLACE, 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 53 MARKET PLACE). 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 53 MARKET PLACE?

53 MARKET PLACE is located in HORNSEA, in the HU18 postcode district. The below map shows the position of No. 53 on MARKET PLACE.