4, PARK LANE, COTTINGHAM, HU16 5RD - £132,500

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.

4 PARK LANE is a small extended terraced house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £205,430. It was last sold for £132,500 in July 2014, which was around 21% above the average July 2014 terraced price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

4 PARK LANE Sold Prices

Land registry data shows two sales for 4 PARK LANE 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. Both of the two 4 PARK LANE 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
2014 30 JUL	£132,500	£109,518	21% above HPI
1998 30 OCT	£54,500	£37,154	47% above HPI

4 PARK LANE 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 4 PARK LANE sales from October 1998 and July 2014 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 October 1998 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the July 2014 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 4 PARK LANE be worth now?

4 PARK LANE might now be worth an estimated £205,430.

This is based on house price inflation of 55%, between July 2014 and May 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 55% inflationary increase is applied to the most recent sale price for 4 PARK LANE of £132,500 on 30th July 2014. For the value to have increased from £132,500 to £205,430 over the twelve years and two months to May 2026, the following assumptions must hold true:

• The value of 4 PARK LANE has moved in line with the HPI for terraced houses in the East Riding of Yorkshire local authority area.
• The July 2014 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 4 PARK LANE has not materially changed since July 2014.

How Large is 4 PARK LANE?

4 PARK LANE is 96m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of terraced houses houses in Cottingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cottingham, and where 4 PARK LANE lies on this distribution: 24% of terraced houses houses are smaller than 4 PARK LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Cottingham.

4 PARK LANE: Plot and Title Map

4 PARK LANE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 4 PARK LANE, 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 4 PARK LANE). 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 4 PARK LANE?

4 PARK LANE is located in COTTINGHAM, in the HU16 postcode district. The below map shows the position of No. 4 on PARK LANE.