THE RED HOUSE, LILY LANE, FLAMBOROUGH, BRIDLINGTON, YO15 1PF - £355,000

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 RED HOUSE is a large extended detached house of 135m², built sometime between 1900 and 1929. It was last sold for £355,000 in June 2015, which was around 61% above the average June 2015 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

THE RED HOUSE Sold Prices

Land registry data shows two sales for THE RED HOUSE 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 THE RED HOUSE 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 4 JUN	£355,000	£220,721	61% above HPI
1995 15 DEC	£122,500	£74,383	65% above HPI

THE RED HOUSE 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 RED HOUSE sales from December 1995 and June 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 December 1995 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the June 2015 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is THE RED HOUSE?

THE RED HOUSE is 135m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 30% of detached houses in Flamborough, based on EPC data. The below chart shows the distribution of detached houses by size in Flamborough, and where THE RED HOUSE lies on this distribution: 77% of detached houses are smaller than THE RED HOUSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Flamborough.

THE RED HOUSE: Plot and Title Map

THE RED HOUSE sits on a plot of roughly 0.316 of an acre, or 1,278m². The below map shows the location of THE RED HOUSE, 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 RED HOUSE). 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 RED HOUSE?

THE RED HOUSE is located on LILY LANE in FLAMBOROUGH, in the YO15 postcode district. The below map shows the position of THE RED HOUSE on LILY LANE.