SOUTHMERE, SOUTHGATE, HORNSEA, HU18 1RF - £530,000

SOUTHMERE is a very large extended detached house of 350m², built sometime from 2007 onwards. It was last sold for £530,000 in August 2020, which was around 98% above the average August 2020 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

SOUTHMERE Sold Prices

Land registry data shows four sales for SOUTHMERE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. two of the four SOUTHMERE sales were for above the average price, and four 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 3 AUG	£530,000	£267,336	98% above HPI
2012 26 NOV	£445,000	£204,588	118% above HPI
2008 7 APR	£210,000	£228,165	8% below HPI
2005 18 DEC	£195,000	£204,961	5% below HPI

SOUTHMERE 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 four SOUTHMERE sales between December 2005 and August 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 November 2012 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the August 2020 sale, where it falls to 98% above the HPI. The line then continues to track at 98% above the HPI.

How Large is SOUTHMERE?

SOUTHMERE is 350m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses in Hornsea, based on EPC data. The below chart shows the distribution of detached houses by size in Hornsea, and where SOUTHMERE lies on this distribution: More than 99% of detached houses are smaller than SOUTHMERE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Hornsea.

SOUTHMERE: Plot and Title Map

SOUTHMERE sits on a plot of roughly 0.366 of an acre, or 1,481m². The below map shows the location of SOUTHMERE, 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 SOUTHMERE). 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 SOUTHMERE?

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