FLAT, 23, MARKET PLACE, HORNSEA, HU18 1AN - £165,000

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

FLAT is a small extended detached house of 97m², built sometime between 1900 and 1929. It was last sold for £165,000 in October 2007, which was around 28% below the average October 2007 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was F, and the potential energy rating was D.

FLAT Sold Prices

Land registry data shows two sales for FLAT 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 FLAT 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
2007 12 OCT	£165,000	£228,114	28% below HPI
1999 31 MAR	£30,000	£78,675	62% below HPI

FLAT 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 FLAT sales from March 1999 and October 2007 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 March 1999 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the October 2007 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is FLAT?

FLAT is 97m², which includes three extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Hornsea, based on EPC data. The below chart shows the distribution of detached houses by size in Hornsea, and where FLAT lies on this distribution: 36% of detached houses are smaller than FLAT, and 63% of houses are larger. Note that EPC data is not available for all properties in Hornsea.

FLAT: Plot and Title Map

FLAT sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of FLAT, 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 FLAT). 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 FLAT?

FLAT, 23 MARKET PLACE is located in HORNSEA, in the HU18 postcode district. The below map shows the position of No. 23 on MARKET PLACE.