7, SPRING LANE, BEMPTON, BRIDLINGTON, YO15 1HQ - £340,000

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.

7 SPRING LANE is a large extended detached house of 130m², built sometime between 1976 and 1982, which could now be worth an estimated £449,140. It was last sold for £340,000 in November 2017, which was around 34% above the average November 2017 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

7 SPRING LANE Sold Prices

Land registry data shows three sales for 7 SPRING LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the three 7 SPRING 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
2017 6 NOV	£340,000	£253,770	34% above HPI
2014 28 NOV	£225,000	£221,264	2% above HPI
2006 10 NOV	£227,500	£218,762	4% above HPI

7 SPRING LANE 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 three 7 SPRING LANE sales between November 2006 and November 2017 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 November 2014 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2017 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 7 SPRING LANE be worth now?

7 SPRING LANE might now be worth an estimated £449,140.

This is based on house price inflation of 32.1%, between November 2017 and April 2026, for detached 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 32.1% inflationary increase is applied to the most recent sale price for 7 SPRING LANE of £340,000 on 6th November 2017. For the value to have increased from £340,000 to £449,140 over the nine years and seven months to April 2026, the following assumptions must hold true:

• The value of 7 SPRING LANE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The November 2017 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPRING LANE has not materially changed since November 2017.

How Large is 7 SPRING LANE?

7 SPRING LANE is 130m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 40% of detached houses houses in Bempton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bempton, and where 7 SPRING LANE lies on this distribution: 64% of detached houses houses are smaller than 7 SPRING LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Bempton.

7 SPRING LANE: Plot and Title Map

7 SPRING LANE sits on a plot of roughly 0.191 of an acre, or 772m². The below map shows the location of 7 SPRING 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 7 SPRING 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 7 SPRING LANE?

7 SPRING LANE is located in BEMPTON, in the YO15 postcode district. The below map shows the position of No. 7 on SPRING LANE.