FORTUNA COTTAGE, GRAINGERS ROAD, HORNSEA, HU18 1QE - £72,000

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

FORTUNA COTTAGE is a very small extended detached house of 57m², built sometime between 1930 and 1949. It was last sold for £72,000 in November 2014, which was around 67% below the average November 2014 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

FORTUNA COTTAGE Sold Prices

Land registry data shows three sales for FORTUNA COTTAGE 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. All of the three FORTUNA 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
2014 21 NOV	£72,000	£220,897	67% below HPI
2001 31 AUG	£38,000	£96,549	61% below HPI
1998 27 FEB	£26,000	£77,243	66% below HPI

FORTUNA 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 three FORTUNA COTTAGE sales between February 1998 and November 2014 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 August 2001 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the November 2014 sale, where it falls to 67% below the HPI. The line then continues to track at 67% below the HPI.

How Large is FORTUNA COTTAGE?

FORTUNA COTTAGE is 57m², which includes three extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Hornsea, based on EPC data. The below chart shows the distribution of detached houses by size in Hornsea, and where FORTUNA COTTAGE lies on this distribution: 2% of detached houses are smaller than FORTUNA COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Hornsea.

FORTUNA COTTAGE: Plot and Title Map

FORTUNA COTTAGE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of FORTUNA 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 FORTUNA 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 FORTUNA COTTAGE?

FORTUNA COTTAGE is located on GRAINGERS ROAD in HORNSEA, in the HU18 postcode district. The below map shows the position of FORTUNA COTTAGE on GRAINGERS ROAD.