7, CEDAR CLOSE, HORNSEA, HU18 1TY - £160,000

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

7 CEDAR CLOSE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £160,000 in July 2019, which was around 39% below the average July 2019 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

7 CEDAR CLOSE Sold Prices

Land registry data shows three sales for 7 CEDAR 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. All of the three 7 CEDAR 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
2019 19 JUL	£160,000	£262,814	39% below HPI
2004 9 AUG	£128,750	£190,497	32% below HPI
1997 28 FEB	£55,000	£74,568	26% below HPI

7 CEDAR 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 7 CEDAR CLOSE sales between February 1997 and July 2019 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 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 7 CEDAR CLOSE?

7 CEDAR CLOSE is 73m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Hornsea, based on EPC data. The below chart shows the distribution of detached houses by size in Hornsea, and where 7 CEDAR CLOSE lies on this distribution: 11% of detached houses are smaller than 7 CEDAR CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Hornsea.

7 CEDAR CLOSE: Plot and Title Map

7 CEDAR CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 7 CEDAR 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 7 CEDAR 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 7 CEDAR CLOSE?

7 CEDAR CLOSE is located in HORNSEA, in the HU18 postcode district. The below map shows the position of No. 7 on CEDAR CLOSE.