2, NEW ROAD, NAFFERTON, DRIFFIELD, YO25 4JP - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 NEW ROAD is a very large extended detached house of 184m², built sometime between 1930 and 1949. It was last sold for £305,000 in September 2018, which was around 17% above the average September 2018 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

2 NEW ROAD Sold Prices

Land registry data shows four sales for 2 NEW ROAD 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. Most of the four 2 NEW ROAD 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
2018 21 SEP	£305,000	£260,642	17% above HPI
2016 5 FEB	£300,000	£231,778	29% above HPI
2012 26 OCT	£245,000	£205,425	19% above HPI
2004 15 OCT	£175,000	£195,381	10% below HPI

2 NEW ROAD 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 2 NEW ROAD sales between October 2004 and September 2018 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 2016 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 2018 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 NEW ROAD?

2 NEW ROAD is 184m², which includes three extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses in Nafferton, based on EPC data. The below chart shows the distribution of detached houses by size in Nafferton, and where 2 NEW ROAD lies on this distribution: 88% of detached houses are smaller than 2 NEW ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Nafferton.

2 NEW ROAD: Plot and Title Map

2 NEW ROAD sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 2 NEW ROAD, 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 2 NEW ROAD). 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 2 NEW ROAD?

2 NEW ROAD is located in NAFFERTON, in the YO25 postcode district. The below map shows the position of No. 2 on NEW ROAD.