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

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

ALDER COTTAGE is a very small detached house of 56m², built sometime between 2003 and 2006. 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	£293,017	22% below HPI
2003 23 APR	£120,000	£137,607	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.

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 in Hutton Cranswick, based on EPC data. The below chart shows the distribution of detached houses by size in Hutton Cranswick, and where ALDER COTTAGE lies on this distribution: 1% of detached 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.