THE LAURELS, EDENFIELD AVENUE, HORNSEA, HU18 1UL - £265,000

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

THE LAURELS is a midsized extended detached house of 106m², built sometime between 1930 and 1949. It was last sold for £265,000 in January 2022, which was around 14% below the average January 2022 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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. One of the two THE LAURELS sales was for below the average price, whilst the other was 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
2022 28 JAN	£265,000	£306,783	14% below HPI
2005 8 APR	£210,000	£199,815	5% above HPI

THE LAURELS 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 THE LAURELS sales from April 2005 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 April 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is THE LAURELS?

THE LAURELS is 106m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% of detached houses in Hornsea, based on EPC data. The below chart shows the distribution of detached houses by size in Hornsea, and where THE LAURELS lies on this distribution: 48% of detached houses are smaller than THE LAURELS, and 51% of houses are larger. Note that EPC data is not available for all properties in Hornsea.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on EDENFIELD AVENUE in HORNSEA, in the HU18 postcode district. The below map shows the position of THE LAURELS on EDENFIELD AVENUE.