LAKE VIEW, PASTURE ROAD, HORNSEA, HU18 1QB - £190,000

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

LAKE VIEW is a small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £190,000 in June 2019, which was around 28% below the average June 2019 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

LAKE VIEW Sold Prices

Land registry data shows five sales for LAKE VIEW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the five LAKE VIEW 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
2019 25 JUN	£190,000	£263,978	28% below HPI
2011 21 APR	£147,500	£208,427	29% below HPI
2002 8 NOV	£63,450	£134,476	53% below HPI
2001 29 JUN	£60,000	£93,021	35% below HPI
1999 17 DEC	£42,000	£81,565	49% below HPI

LAKE 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 five LAKE VIEW sales between December 1999 and June 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 April 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is LAKE VIEW?

LAKE VIEW is 91m², which includes one extension, according to the EPC inspection conducted in March 2010. 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 LAKE VIEW lies on this distribution: 31% of detached houses are smaller than LAKE VIEW, and 69% of houses are larger. Note that EPC data is not available for all properties in Hornsea.

LAKE VIEW: Plot and Title Map

LAKE VIEW sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of LAKE 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 LAKE 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 LAKE VIEW?

LAKE VIEW is located on PASTURE ROAD in HORNSEA, in the HU18 postcode district. The below map shows the position of LAKE VIEW on PASTURE ROAD.