8, RECTORY LANE, PRESTON, HULL, HU12 8UE - £260,000

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

8 RECTORY LANE is a very large extended detached house of 150m², built sometime between 2003 and 2006. It was last sold for £260,000 in December 2015, which was around 13% above the average December 2015 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

8 RECTORY LANE Sold Prices

Land registry data shows two sales for 8 RECTORY 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 8 RECTORY 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
2015 18 DEC	£260,000	£229,181	13% above HPI
2007 5 OCT	£248,450	£228,114	9% above HPI

8 RECTORY 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 8 RECTORY LANE sales from October 2007 and December 2015 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 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 8 RECTORY LANE?

8 RECTORY LANE is 150m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 8 RECTORY LANE lies on this distribution: 86% of detached houses are smaller than 8 RECTORY LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Preston.

8 RECTORY LANE: Plot and Title Map

8 RECTORY LANE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 8 RECTORY 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 8 RECTORY 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 8 RECTORY LANE?

8 RECTORY LANE is located in PRESTON, in the HU12 postcode district. The below map shows the position of No. 8 on RECTORY LANE.