THE ELMS, MAIN ROAD, THORNGUMBALD, HULL, HU12 9LY - £325,000

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.

THE ELMS is a large extended detached house of 136m², built sometime between 1950 and 1966, which could now be worth an estimated £437,005. It was last sold for £325,000 in August 2017, which was around 28% above the average August 2017 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

THE ELMS Sold Prices

Land registry data shows two sales for THE ELMS 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. Both of the two THE ELMS 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 1 AUG	£325,000	£253,721	28% above HPI
1996 19 DEC	£136,000	£76,338	78% above HPI

THE ELMS 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 THE ELMS sales from December 1996 and August 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 December 1996 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the August 2017 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might THE ELMS be worth now?

THE ELMS might now be worth an estimated £437,005.

This is based on house price inflation of 34.5%, between August 2017 and February 2025, 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 34.5% inflationary increase is applied to the most recent sale price for THE ELMS of £325,000 on 1st August 2017. For the value to have increased from £325,000 to £437,005 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of THE ELMS has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The August 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of THE ELMS has not materially changed since August 2017.

How Large is THE ELMS?

THE ELMS is 136m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 40% of detached houses houses in Thorngumbald, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thorngumbald, and where THE ELMS lies on this distribution: 64% of detached houses houses are smaller than THE ELMS, and 34% of houses are larger. Note that EPC data is not available for all properties in Thorngumbald.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 2.1 acres, or 8,422m². The below map shows the location of THE ELMS, 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 THE ELMS). 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 THE ELMS?

THE ELMS is located on MAIN ROAD in THORNGUMBALD, in the HU12 postcode district. The below map shows the position of THE ELMS on MAIN ROAD.