BANK VIEW, COTTAM LANE, LANGTOFT, DRIFFIELD, YO25 3BU - £280,000

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

BANK VIEW is a small extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £280,000 in November 2019, which was around 7% above the average November 2019 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

BANK VIEW Sold Prices

Land registry data shows three sales for BANK VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. One of the three BANK VIEW sales was for above the average price, whilst two 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
2019 8 NOV	£280,000	£262,590	7% above HPI
2002 1 MAY	£105,000	£110,954	5% below HPI
1997 21 FEB	£69,000	£74,568	7% below HPI

BANK VIEW 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 three BANK VIEW sales between February 1997 and November 2019 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 May 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is BANK VIEW?

BANK VIEW is 124m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses in Langtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Langtoft, and where BANK VIEW lies on this distribution: 39% of detached houses are smaller than BANK VIEW, and 58% of houses are larger. Note that EPC data is not available for all properties in Langtoft.

BANK VIEW: Plot and Title Map

BANK VIEW sits on a plot of roughly 0.613 of an acre, or 2,479m². The below map shows the location of BANK VIEW, 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 BANK VIEW). 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 BANK VIEW?

BANK VIEW is located on COTTAM LANE in LANGTOFT, in the YO25 postcode district. The below map shows the position of BANK VIEW on COTTAM LANE.