2, MERCHANTS DRIVE, COTTINGHAM, HU16 5AQ - £400,000

2 MERCHANTS DRIVE is a very large detached house of 293m². It was last sold for £400,000 in October 2018, which was around 53% above the average October 2018 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was B.

2 MERCHANTS DRIVE Sold Prices

Land registry data shows two sales for 2 MERCHANTS DRIVE 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 2 MERCHANTS DRIVE sales was for above the average price, whilst the other was 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
2018 26 OCT	£400,000	£260,709	53% above HPI
2015 27 MAY	£170,000	£222,000	23% below HPI

2 MERCHANTS DRIVE 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 2 MERCHANTS DRIVE sales from May 2015 and October 2018 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 May 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2018 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 2 MERCHANTS DRIVE?

2 MERCHANTS DRIVE is 293m² according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses in Cottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cottingham, and where 2 MERCHANTS DRIVE lies on this distribution: 99% of detached houses are smaller than 2 MERCHANTS DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Cottingham.

2 MERCHANTS DRIVE: Plot and Title Map

2 MERCHANTS DRIVE sits on a plot of roughly 0.197 of an acre, or 795m². The below map shows the location of 2 MERCHANTS DRIVE, 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 2 MERCHANTS DRIVE). 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 2 MERCHANTS DRIVE?

2 MERCHANTS DRIVE is located in COTTINGHAM, in the HU16 postcode district. The below map shows the position of No. 2 on MERCHANTS DRIVE.