RUSTY COTTAGE, BEMPTON LANE, FLAMBOROUGH, BRIDLINGTON, YO15 1PS - £180,000

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

RUSTY COTTAGE is a small extended detached house of 92m², built sometime between 2007 and 2011. It was last sold for £180,000 in July 2018, which was around 30% below the average July 2018 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

RUSTY COTTAGE Sold Prices

Land registry data shows two sales for RUSTY COTTAGE 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 RUSTY 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
2018 25 JUL	£180,000	£257,679	30% below HPI
2018 22 MAY	£160,000	£257,413	38% below HPI

RUSTY 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 two RUSTY COTTAGE sales from May 2018 and July 2018 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 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is RUSTY COTTAGE?

RUSTY COTTAGE is 92m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses in Flamborough, based on EPC data. The below chart shows the distribution of detached houses by size in Flamborough, and where RUSTY COTTAGE lies on this distribution: 37% of detached houses are smaller than RUSTY COTTAGE, and 63% of houses are larger. Note that EPC data is not available for all properties in Flamborough.

RUSTY COTTAGE: Plot and Title Map

RUSTY COTTAGE sits on a plot of roughly 0.003 of an acre, or 11m². The below map shows the location of RUSTY 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 RUSTY 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 RUSTY COTTAGE?

RUSTY COTTAGE is located on BEMPTON LANE in FLAMBOROUGH, in the YO15 postcode district. The below map shows the position of RUSTY COTTAGE on BEMPTON LANE.