2, PARK CLOSE, DRIFFIELD, YO25 6DN - £147,500

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.

2 PARK CLOSE is a very small extended detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £233,480. It was last sold for £147,500 in June 2014, which was around 32% below the average June 2014 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

2 PARK CLOSE Sold Prices

Land registry data shows four sales for 2 PARK 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 2 PARK 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
2014 20 JUN	£147,500	£215,527	32% below HPI
2004 16 JAN	£105,000	£165,688	37% below HPI
2002 11 JAN	£73,000	£102,051	28% below HPI
1998 9 OCT	£49,750	£81,727	39% below HPI

2 PARK 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 2 PARK CLOSE sales between October 1998 and June 2014 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 January 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2014 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 PARK CLOSE be worth now?

2 PARK CLOSE might now be worth an estimated £233,480.

This is based on house price inflation of 58.3%, between June 2014 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 58.3% inflationary increase is applied to the most recent sale price for 2 PARK CLOSE of £147,500 on 20th June 2014. For the value to have increased from £147,500 to £233,480 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 2 PARK CLOSE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The June 2014 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK CLOSE has not materially changed since June 2014.

How Large is 2 PARK CLOSE?

2 PARK CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in August 2013. 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 2 PARK CLOSE lies on this distribution: 17% of detached houses houses are smaller than 2 PARK CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Driffield.

2 PARK CLOSE: Plot and Title Map

2 PARK CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 2 PARK 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 2 PARK 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 2 PARK CLOSE?

2 PARK CLOSE is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 2 on PARK CLOSE.