ALDER COTTAGE, SHEEPMAN LANE, CRANSWICK, DRIFFIELD, YO25 9RA - £227,500

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.

ALDER COTTAGE is a very small detached house of 56m², built sometime between 2003 and 2006, which could now be worth an estimated £264,440. It was last sold for £227,500 in September 2021, which was around 22% below the average September 2021 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

ALDER COTTAGE Sold Prices

Land registry data shows two sales for ALDER 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 ALDER COTTAGE 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
2021 24 SEP	£227,500	£293,504	22% below HPI
2003 23 APR	£120,000	£137,836	13% below HPI

ALDER 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 ALDER COTTAGE sales from April 2003 and September 2021 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 April 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might ALDER COTTAGE be worth now?

ALDER COTTAGE might now be worth an estimated £264,440.

This is based on house price inflation of 16.2%, between September 2021 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 16.2% inflationary increase is applied to the most recent sale price for ALDER COTTAGE of £227,500 on 24th September 2021. For the value to have increased from £227,500 to £264,440 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of ALDER COTTAGE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The September 2021 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of ALDER COTTAGE has not materially changed since September 2021.

How Large is ALDER COTTAGE?

ALDER COTTAGE is 56m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses houses in Hutton Cranswick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hutton Cranswick, and where ALDER COTTAGE lies on this distribution: 1% of detached houses houses are smaller than ALDER COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hutton Cranswick.

ALDER COTTAGE: Plot and Title Map

ALDER COTTAGE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of ALDER 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 ALDER 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 ALDER COTTAGE?

ALDER COTTAGE is located on SHEEPMAN LANE in CRANSWICK, in the YO25 postcode district. The below map shows the position of ALDER COTTAGE on SHEEPMAN LANE.