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
2 RIVERSIDE MEWS is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £210,100 in April 2023, which was around 34% below the average April 2023 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 2 RIVERSIDE MEWS since 1st 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 RIVERSIDE MEWS 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 |
---|---|---|---|
2023 27 APR | £210,100 | £319,005 | 34% below HPI |
2010 26 OCT | £123,000 | £212,873 | 42% below HPI |
2004 6 APR | £118,000 | £170,782 | 31% below HPI |
2002 21 JUN | £74,000 | £114,547 | 35% below HPI |
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 RIVERSIDE MEWS sales between June 2002 and April 2023 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 October 2010 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2023 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
2 RIVERSIDE MEWS is 68m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Driffield, based on EPC data. The below chart shows the distribution of detached houses by size in Driffield, and where 2 RIVERSIDE MEWS lies on this distribution: 8% of detached houses are smaller than 2 RIVERSIDE MEWS, and 91% of houses are larger. Note that EPC data is not available for all properties in Driffield.
2 RIVERSIDE MEWS sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 2 RIVERSIDE MEWS, 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 RIVERSIDE MEWS). 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.
2 RIVERSIDE MEWS is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 2 on RIVERSIDE MEWS.