55, WATER LANE, SOUTH CAVE, BROUGH, HU15 2HH - £366,000

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

55 WATER LANE is a very large detached house of 189m², built sometime between 1967 and 1975. It was last sold for £366,000 in May 2023, which was around 16% above the average May 2023 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was C.

55 WATER LANE Sold Prices

Land registry data shows two sales for 55 WATER LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. Both of the two 55 WATER LANE sales were 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
2023 26 MAY	£366,000	£314,486	16% above HPI
1997 28 JAN	£115,000	£74,903	54% above HPI

55 WATER LANE 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 two 55 WATER LANE sales from January 1997 and May 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 January 1997 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the May 2023 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 55 WATER LANE?

55 WATER LANE is 189m² according to the EPC inspection conducted in January 2023. This puts it in the largest 20% of detached houses in South Cave, based on EPC data. The below chart shows the distribution of detached houses by size in South Cave, and where 55 WATER LANE lies on this distribution: 87% of detached houses are smaller than 55 WATER LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in South Cave.

55 WATER LANE: Plot and Title Map

55 WATER LANE sits on a plot of roughly 0.435 of an acre, or 1,759m². The below map shows the location of 55 WATER LANE, 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 55 WATER LANE). 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 55 WATER LANE?

55 WATER LANE is located in SOUTH CAVE, in the HU15 postcode district. The below map shows the position of No. 55 on WATER LANE.