12, THE FORGE, DRIFFIELD, YO25 6QL - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 THE FORGE is a small detached house of 83m², built sometime between 2007 and 2011. It was last sold for £220,000 in May 2022, which was around 28% below the average May 2022 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

12 THE FORGE Sold Prices

Land registry data shows two sales for 12 THE FORGE 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 12 THE FORGE 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
2022 23 MAY	£220,000	£307,200	28% below HPI
2009 10 JUL	£144,000	£205,034	30% below HPI

12 THE FORGE 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 12 THE FORGE sales from July 2009 and May 2022 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 July 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 12 THE FORGE?

12 THE FORGE is 83m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Driffield, based on EPC data. The below chart shows the distribution of detached houses by size in Driffield, and where 12 THE FORGE lies on this distribution: 23% of detached houses are smaller than 12 THE FORGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Driffield.

12 THE FORGE: Plot and Title Map

12 THE FORGE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 12 THE FORGE, 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 12 THE FORGE). 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 12 THE FORGE?

12 THE FORGE is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 12 on THE FORGE.