CRAITHIE COTTAGE, MELBOURNE, YORK, YO42 4QQ - £385,000

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.

CRAITHIE COTTAGE is a midsized extended detached house of 147m², built sometime between 1900 and 1929, which could now be worth an estimated £567,185. It was last sold for £385,000 in October 2015, which was around 66% above the average October 2015 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was D.

CRAITHIE COTTAGE Sold Prices

Land registry data shows two sales for CRAITHIE 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. One of the two CRAITHIE COTTAGE sales was for above the average price, whilst the other was 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
2015 7 OCT	£385,000	£231,577	66% above HPI
2011 6 DEC	£190,000	£212,080	10% below HPI

CRAITHIE 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 CRAITHIE COTTAGE sales from December 2011 and October 2015 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 December 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2015 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might CRAITHIE COTTAGE be worth now?

CRAITHIE COTTAGE might now be worth an estimated £567,185.

This is based on house price inflation of 47.3%, between October 2015 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 47.3% inflationary increase is applied to the most recent sale price for CRAITHIE COTTAGE of £385,000 on 7th October 2015. For the value to have increased from £385,000 to £567,185 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of CRAITHIE COTTAGE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The October 2015 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of CRAITHIE COTTAGE has not materially changed since October 2015.

How Large is CRAITHIE COTTAGE?

CRAITHIE COTTAGE is 147m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the smallest 50% of detached houses houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melbourne, and where CRAITHIE COTTAGE lies on this distribution: 45% of detached houses houses are smaller than CRAITHIE COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

CRAITHIE COTTAGE: Plot and Title Map

CRAITHIE COTTAGE sits on a plot of roughly 0.206 of an acre, or 835m². The below map shows the location of CRAITHIE 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 CRAITHIE 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 CRAITHIE COTTAGE?

CRAITHIE COTTAGE is located in MELBOURNE, in the YO42 postcode district. The below map shows the position of CRAITHIE COTTAGE in MELBOURNE.