2, SPENCERS WAY, DRIFFIELD, YO25 6RH - £147,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SPENCERS WAY is a very small extended semi-detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £223,753. It was last sold for £147,000 in October 2014, which was around 7% above the average October 2014 semi-detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

2 SPENCERS WAY Sold Prices

Land registry data shows five sales for 2 SPENCERS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the five 2 SPENCERS WAY 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
2014 10 OCT	£147,000	£136,888	7% above HPI
2011 2 FEB	£156,000	£129,508	20% above HPI
2010 21 MAY	£156,000	£132,955	17% above HPI
2006 23 JUN	£156,000	£137,531	13% above HPI
2003 16 OCT	£119,950	£97,807	23% above HPI

2 SPENCERS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The five 2 SPENCERS WAY sales between October 2003 and October 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 February 2011 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2014 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 SPENCERS WAY be worth now?

2 SPENCERS WAY might now be worth an estimated £223,753.

This is based on house price inflation of 52.2%, between October 2014 and December 2024, for semi-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 52.2% inflationary increase is applied to the most recent sale price for 2 SPENCERS WAY of £147,000 on 10th October 2014. For the value to have increased from £147,000 to £223,753 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 SPENCERS WAY has moved in line with the HPI for semi-detached houses in the East Riding of Yorkshire local authority area.
• The October 2014 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPENCERS WAY has not materially changed since October 2014.

How Large is 2 SPENCERS WAY?

2 SPENCERS WAY is 72m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of semi-detached houses houses in Driffield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Driffield, and where 2 SPENCERS WAY lies on this distribution: 12% of semi-detached houses houses are smaller than 2 SPENCERS WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Driffield.

2 SPENCERS WAY: Plot and Title Map

2 SPENCERS WAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 2 SPENCERS WAY, 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 SPENCERS WAY). 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 SPENCERS WAY?

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