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
7 BACK LANE is a midsized extended detached house of 130m², built sometime between 1900 and 1929. It was last sold for £252,000 in August 2024, which was around 25% below the average August 2024 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 7 BACK LANE since 1st 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 7 BACK LANE 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 |
---|---|---|---|
2024 9 AUG | £252,000 | £338,153 | 25% below HPI |
1997 18 JUL | £42,000 | £77,584 | 46% below HPI |
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 7 BACK LANE sales from July 1997 and August 2024 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 July 1997 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
7 BACK LANE is 130m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of detached houses in East Cowick, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowick, and where 7 BACK LANE lies on this distribution: 57% of detached houses are smaller than 7 BACK LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in East Cowick.
7 BACK LANE sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 7 BACK 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 7 BACK 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.
7 BACK LANE is located in EAST COWICK, in the DN14 postcode district. The below map shows the position of No. 7 on BACK LANE.