THE COTTAGE, MILL LANE, BRANDESBURTON, DRIFFIELD, YO25 8QW - £172,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE COTTAGE is a very small extended detached house of 50m², built sometime before 1900. It was last sold for £172,500 in September 2021, which was around 41% below the average September 2021 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

THE COTTAGE Sold Prices

Land registry data shows five sales for THE COTTAGE 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 THE 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
2021 3 SEP	£172,500	£293,017	41% below HPI
2015 30 JAN	£145,000	£219,514	34% below HPI
2009 25 SEP	£145,000	£209,529	31% below HPI
2005 20 DEC	£120,000	£204,961	41% below HPI
1998 27 FEB	£33,000	£77,243	57% below HPI

THE 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 five THE COTTAGE sales between February 1998 and September 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 January 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 50m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses in Brandesburton, based on EPC data. The below chart shows the distribution of detached houses by size in Brandesburton, and where THE COTTAGE lies on this distribution: 1% of detached houses are smaller than THE COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Brandesburton.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on MILL LANE in BRANDESBURTON, in the YO25 postcode district. The below map shows the position of THE COTTAGE on MILL LANE.