8, RISE CLOSE, LONG RISTON, HULL, HU11 5JE - £255,000

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

8 RISE CLOSE is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £255,000 in November 2022, which was around 21% below the average November 2022 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

8 RISE CLOSE Sold Prices

Land registry data shows five sales for 8 RISE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the five 8 RISE 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
2022 14 NOV	£255,000	£322,672	21% below HPI
2005 8 NOV	£161,000	£205,203	22% below HPI
2005 6 MAY	£165,000	£196,634	16% below HPI
2002 4 FEB	£76,000	£104,542	27% below HPI
1997 14 FEB	£52,000	£74,568	30% below HPI

8 RISE 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 five 8 RISE CLOSE sales between February 1997 and November 2022 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 November 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 RISE CLOSE?

8 RISE CLOSE is 81m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Long Riston, based on EPC data. The below chart shows the distribution of detached houses by size in Long Riston, and where 8 RISE CLOSE lies on this distribution: 1% of detached houses are smaller than 8 RISE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Long Riston.

8 RISE CLOSE: Plot and Title Map

8 RISE CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 8 RISE 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 8 RISE 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 8 RISE CLOSE?

8 RISE CLOSE is located in LONG RISTON, in the HU11 postcode district. The below map shows the position of No. 8 on RISE CLOSE.