SPINNEY LODGE, THE LEYS, HORNSEA, HU18 1ET - £280,000

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

SPINNEY LODGE is a very large extended detached house of 178m², built sometime between 1950 and 1966. It was last sold for £280,000 in April 2015, which was around 26% above the average April 2015 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

SPINNEY LODGE Sold Prices

Land registry data shows two sales for SPINNEY LODGE 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 SPINNEY LODGE sales were for above 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
2015 8 APR	£280,000	£222,657	26% above HPI
2000 5 JUN	£153,000	£86,018	78% above HPI

SPINNEY LODGE 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 SPINNEY LODGE sales from June 2000 and April 2015 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 2000 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the April 2015 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is SPINNEY LODGE?

SPINNEY LODGE is 178m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 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 SPINNEY LODGE lies on this distribution: 91% of detached houses are smaller than SPINNEY LODGE, and 9% of houses are larger. Note that EPC data is not available for all properties in Hornsea.

SPINNEY LODGE: Plot and Title Map

SPINNEY LODGE sits on a plot of roughly 0.313 of an acre, or 1,266m². The below map shows the location of SPINNEY LODGE, 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 SPINNEY LODGE). 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 SPINNEY LODGE?

SPINNEY LODGE is located on THE LEYS in HORNSEA, in the HU18 postcode district. The below map shows the position of SPINNEY LODGE on THE LEYS.