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 CHESTNUT WAY is a midsized extended detached house of 167m², built sometime between 1991 and 1995. It was last sold for £435,000 in August 2024, which was around 28% above the average August 2024 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 CHESTNUT WAY since 1st 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 CHESTNUT WAY 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 |
---|---|---|---|
2024 9 AUG | £435,000 | £338,917 | 28% above HPI |
2002 2 AUG | £207,500 | £122,021 | 70% above HPI |
1998 14 AUG | £129,000 | £81,083 | 59% above 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 three 7 CHESTNUT WAY sales between August 1998 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 August 2002 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the August 2024 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.
7 CHESTNUT WAY is 167m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 50% of detached houses in Fangfoss, based on EPC data. The below chart shows the distribution of detached houses by size in Fangfoss, and where 7 CHESTNUT WAY lies on this distribution: 55% of detached houses are smaller than 7 CHESTNUT WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Fangfoss.
7 CHESTNUT WAY sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 7 CHESTNUT WAY, 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 CHESTNUT WAY). 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 CHESTNUT WAY is located in FANGFOSS, in the YO41 postcode district. The below map shows the position of No. 7 on CHESTNUT WAY.