NEWLANDS, SOUTHGATE, HORNSEA, HU18 1RE - £250,000

NEWLANDS is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £250,000 in June 2020, which was around 7% below the average June 2020 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

NEWLANDS Sold Prices

Land registry data shows three sales for NEWLANDS 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 NEWLANDS sales were 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
2020 26 JUN	£250,000	£268,502	7% below HPI
2005 22 FEB	£185,000	£197,685	6% below HPI
1997 26 SEP	£55,000	£78,535	30% below HPI

NEWLANDS 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 NEWLANDS sales between September 1997 and June 2020 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 February 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is NEWLANDS?

NEWLANDS is 77m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses in Hornsea, based on EPC data. The below chart shows the distribution of detached houses by size in Hornsea, and where NEWLANDS lies on this distribution: 14% of detached houses are smaller than NEWLANDS, and 85% of houses are larger. Note that EPC data is not available for all properties in Hornsea.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on SOUTHGATE in HORNSEA, in the HU18 postcode district. The below map shows the position of NEWLANDS on SOUTHGATE.