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 PARK AVENUE is a very large extended detached house of 151m², built sometime between 1930 and 1949. It was last sold for £500,000 in March 2024, which was around 58% above the average March 2024 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 PARK AVENUE 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. One of the two 7 PARK AVENUE sales was for above the average price, whilst the other was 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 1 MAR | £500,000 | £315,671 | 58% above HPI |
2014 10 OCT | £215,000 | £219,300 | 2% 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 PARK AVENUE sales from October 2014 and March 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 October 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2024 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.
7 PARK AVENUE is 151m², which includes three extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Beverley, based on EPC data. The below chart shows the distribution of detached houses by size in Beverley, and where 7 PARK AVENUE lies on this distribution: 82% of detached houses are smaller than 7 PARK AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in Beverley.
7 PARK AVENUE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 7 PARK AVENUE, 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 PARK AVENUE). 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 PARK AVENUE is located in BEVERLEY, in the HU17 postcode district. The below map shows the position of No. 7 on PARK AVENUE.