1, CHERRY CLOSE, DRIFFIELD, YO25 6SL - £185,000

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.

1 CHERRY CLOSE is a very small extended detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £272,798. It was last sold for £185,000 in November 2015, which was around 20% below the average November 2015 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

1 CHERRY CLOSE Sold Prices

Land registry data shows four sales for 1 CHERRY CLOSE 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. All of the four 1 CHERRY CLOSE 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
2015 13 NOV	£185,000	£231,361	20% below HPI
2004 30 APR	£127,000	£171,066	26% below HPI
2002 12 JUL	£82,000	£120,167	32% below HPI
1999 29 JAN	£47,000	£76,831	39% below HPI

1 CHERRY CLOSE 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 1 CHERRY CLOSE sales between January 1999 and November 2015 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 April 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2015 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 1 CHERRY CLOSE be worth now?

1 CHERRY CLOSE might now be worth an estimated £272,798.

This is based on house price inflation of 47.5%, between November 2015 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 47.5% inflationary increase is applied to the most recent sale price for 1 CHERRY CLOSE of £185,000 on 13th November 2015. For the value to have increased from £185,000 to £272,798 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 CHERRY CLOSE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The November 2015 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHERRY CLOSE has not materially changed since November 2015.

How Large is 1 CHERRY CLOSE?

1 CHERRY CLOSE is 77m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses houses in Driffield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Driffield, and where 1 CHERRY CLOSE lies on this distribution: 16% of detached houses houses are smaller than 1 CHERRY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Driffield.

1 CHERRY CLOSE: Plot and Title Map

1 CHERRY CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 1 CHERRY CLOSE, 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 1 CHERRY CLOSE). 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 1 CHERRY CLOSE?

1 CHERRY CLOSE is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 1 on CHERRY CLOSE.