16, FAIRVIEW CLOSE, BEVERLEY, HU17 7DE - £113,000

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.

16 FAIRVIEW CLOSE is a very small terraced house of 78m², built in 2015, which could now be worth an estimated £121,155. It was last sold for £113,000 in April 2023, which was around 28% below the average April 2023 terraced price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

16 FAIRVIEW CLOSE Sold Prices

Land registry data shows two sales for 16 FAIRVIEW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Riding of Yorkshire local authority area for the corresponding sale date. One of the two 16 FAIRVIEW CLOSE 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
2023 8 APR	£113,000	£157,487	28% below HPI
2022 8 APR	£226,000	£153,086	48% above HPI

16 FAIRVIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The two 16 FAIRVIEW CLOSE sales from April 2022 and April 2023 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 2022 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the April 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 16 FAIRVIEW CLOSE be worth now?

16 FAIRVIEW CLOSE might now be worth an estimated £121,155.

This is based on house price inflation of 7.2%, between April 2023 and April 2026, for terraced 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 7.2% inflationary increase is applied to the most recent sale price for 16 FAIRVIEW CLOSE of £113,000 on 8th April 2023. For the value to have increased from £113,000 to £121,155 over the three years to April 2026, the following assumptions must hold true:

• The value of 16 FAIRVIEW CLOSE has moved in line with the HPI for terraced houses in the East Riding of Yorkshire local authority area.
• The April 2023 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FAIRVIEW CLOSE has not materially changed since April 2023.

How Large is 16 FAIRVIEW CLOSE?

16 FAIRVIEW CLOSE is 78m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of terraced houses houses in Beverley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Beverley, and where 16 FAIRVIEW CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 16 FAIRVIEW CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Beverley.

16 FAIRVIEW CLOSE: Plot and Title Map

16 FAIRVIEW CLOSE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 16 FAIRVIEW CLOSE, 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 16 FAIRVIEW CLOSE). 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 16 FAIRVIEW CLOSE?

16 FAIRVIEW CLOSE is located in BEVERLEY, in the HU17 postcode district. The below map shows the position of No. 16 on FAIRVIEW CLOSE.