8, STEPHENSON CLOSE, HEDON, HULL, HU12 8RB - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 STEPHENSON CLOSE is a midsized extended detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £300,347. It was last sold for £235,000 in May 2020, which was around 12% below the average May 2020 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

8 STEPHENSON CLOSE Sold Prices

Land registry data shows five sales for 8 STEPHENSON 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. Most of the five 8 STEPHENSON 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
2020 22 MAY	£235,000	£266,934	12% below HPI
2011 11 MAR	£186,000	£206,497	10% below HPI
2010 7 MAY	£186,500	£210,891	12% below HPI
2004 29 OCT	£180,000	£195,706	8% below HPI
1999 5 NOV	£88,950	£81,649	9% above HPI

8 STEPHENSON 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 STEPHENSON CLOSE sales between November 1999 and May 2020 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 March 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 STEPHENSON CLOSE be worth now?

8 STEPHENSON CLOSE might now be worth an estimated £300,347.

This is based on house price inflation of 27.8%, between May 2020 and February 2025, for detached houses, in the East Riding of Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.8% inflationary increase is applied to the most recent sale price for 8 STEPHENSON CLOSE of £235,000 on 22nd May 2020. For the value to have increased from £235,000 to £300,347 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 8 STEPHENSON CLOSE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The May 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STEPHENSON CLOSE has not materially changed since May 2020.

How Large is 8 STEPHENSON CLOSE?

8 STEPHENSON CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses houses in Hedon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hedon, and where 8 STEPHENSON CLOSE lies on this distribution: 51% of detached houses houses are smaller than 8 STEPHENSON CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Hedon.

8 STEPHENSON CLOSE: Plot and Title Map

8 STEPHENSON CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 8 STEPHENSON 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 STEPHENSON 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 STEPHENSON CLOSE?

8 STEPHENSON CLOSE is located in HEDON, in the HU12 postcode district. The below map shows the position of No. 8 on STEPHENSON CLOSE.