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 ROYAL DRIVE is a small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £177,000 in May 2016, which was around 24% below the average May 2016 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 ROYAL DRIVE since 1st 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 2 ROYAL DRIVE 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 |
---|---|---|---|
2016 13 MAY | £177,000 | £232,242 | 24% below HPI |
1999 5 NOV | £69,500 | £81,514 | 15% 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 two 2 ROYAL DRIVE sales from November 1999 and May 2016 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 November 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
2 ROYAL DRIVE is 90m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Rawcliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Rawcliffe, and where 2 ROYAL DRIVE lies on this distribution: 20% of detached houses are smaller than 2 ROYAL DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Rawcliffe.
2 ROYAL DRIVE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 2 ROYAL DRIVE, 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 ROYAL DRIVE). 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 ROYAL DRIVE is located in RAWCLIFFE, in the DN14 postcode district. The below map shows the position of No. 2 on ROYAL DRIVE.