LOW LEA, MAIN ROAD, NEWPORT, BROUGH, HU15 2RH - £250,000

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

LOW LEA is a large extended detached house of 143m², built sometime between 1976 and 1982. It was last sold for £250,000 in January 2022, which was around 19% below the average January 2022 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was C.

LOW LEA Sold Prices

Land registry data shows two sales for LOW LEA 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 LOW LEA 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
2022 12 JAN	£250,000	£306,783	19% below HPI
1998 29 MAY	£60,000	£77,496	23% below HPI

LOW LEA 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 LOW LEA sales from May 1998 and January 2022 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 May 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is LOW LEA?

LOW LEA is 143m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where LOW LEA lies on this distribution: 64% of detached houses are smaller than LOW LEA, and 36% of houses are larger. Note that EPC data is not available for all properties in Newport.

LOW LEA: Plot and Title Map

LOW LEA sits on a plot of roughly 0.544 of an acre, or 2,200m². The below map shows the location of LOW LEA, 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 LOW LEA). 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 LOW LEA?

LOW LEA is located on MAIN ROAD in NEWPORT, in the HU15 postcode district. The below map shows the position of LOW LEA on MAIN ROAD.