ACEY COTTAGE, ACEY LANE, PRESTON, HULL, HU12 8TN - £315,000

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.

ACEY COTTAGE is a very large extended detached house of 391m², built sometime before 1900, which could now be worth an estimated £506,754. It was last sold for £315,000 in October 2013, which was around 49% above the average October 2013 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

ACEY COTTAGE Sold Prices

Land registry data shows two sales for ACEY COTTAGE 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 ACEY COTTAGE 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
2013 25 OCT	£315,000	£212,067	49% above HPI
2006 9 AUG	£260,000	£215,713	21% above HPI

ACEY COTTAGE 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 ACEY COTTAGE sales from August 2006 and October 2013 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 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2013 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might ACEY COTTAGE be worth now?

ACEY COTTAGE might now be worth an estimated £506,754.

This is based on house price inflation of 60.9%, between October 2013 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 60.9% inflationary increase is applied to the most recent sale price for ACEY COTTAGE of £315,000 on 25th October 2013. For the value to have increased from £315,000 to £506,754 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of ACEY COTTAGE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The October 2013 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of ACEY COTTAGE has not materially changed since October 2013.

How Large is ACEY COTTAGE?

ACEY COTTAGE is 391m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% of detached houses houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where ACEY COTTAGE lies on this distribution: 99% of detached houses houses are smaller than ACEY COTTAGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Preston.

ACEY COTTAGE: Plot and Title Map

ACEY COTTAGE sits on a plot of roughly 0.282 of an acre, or 1,140m². The below map shows the location of ACEY COTTAGE, 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 ACEY COTTAGE). 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 ACEY COTTAGE?

ACEY COTTAGE is located on ACEY LANE in PRESTON, in the HU12 postcode district. The below map shows the position of ACEY COTTAGE on ACEY LANE.