SILVER GATES, WITHERNSEA ROAD, HOLLYM, WITHERNSEA, HU19 2QH - £268,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SILVER GATES is a very small extended detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £301,567. It was last sold for £268,000 in November 2021, which was around 12% below the average November 2021 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

SILVER GATES Sold Prices

Land registry data shows two sales for SILVER GATES 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 SILVER GATES 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 23 NOV	£268,000	£303,187	12% below HPI
2002 23 OCT	£75,000	£129,534	42% below HPI

SILVER GATES 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 SILVER GATES sales from October 2002 and November 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 October 2002 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might SILVER GATES be worth now?

SILVER GATES might now be worth an estimated £301,567.

This is based on house price inflation of 12.5%, between November 2021 and February 2025, for detached houses, in the East Riding of Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.5% inflationary increase is applied to the most recent sale price for SILVER GATES of £268,000 on 23rd November 2021. For the value to have increased from £268,000 to £301,567 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of SILVER GATES has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The November 2021 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of SILVER GATES has not materially changed since November 2021.

How Large is SILVER GATES?

SILVER GATES is 94m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses houses in Hollym, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hollym, and where SILVER GATES lies on this distribution: 18% of detached houses houses are smaller than SILVER GATES, and 80% of houses are larger. Note that EPC data is not available for all properties in Hollym.

SILVER GATES: Plot and Title Map

SILVER GATES sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of SILVER GATES, 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 SILVER GATES). 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 SILVER GATES?

SILVER GATES is located on WITHERNSEA ROAD in HOLLYM, in the HU19 postcode district. The below map shows the position of SILVER GATES on WITHERNSEA ROAD.