GRASMERE, SOUTHGATE, HORNSEA, HU18 1RE - £185,000

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

GRASMERE is a very small detached house of 64m², built sometime between 1976 and 1982. It was last sold for £185,000 in September 2021, which was around 37% below the average September 2021 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

GRASMERE Sold Prices

Land registry data shows two sales for GRASMERE 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 GRASMERE 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 30 SEP	£185,000	£293,017	37% below HPI
2013 14 JUN	£120,000	£208,824	43% below HPI

GRASMERE 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 GRASMERE sales from June 2013 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 June 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is GRASMERE?

GRASMERE is 64m² according to the EPC inspection conducted in June 2024. 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 GRASMERE lies on this distribution: 4% of detached houses are smaller than GRASMERE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hornsea.

GRASMERE: Plot and Title Map

GRASMERE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of GRASMERE, 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 GRASMERE). 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 GRASMERE?

GRASMERE is located on SOUTHGATE in HORNSEA, in the HU18 postcode district. The below map shows the position of GRASMERE on SOUTHGATE.