2, VERITY WAY, DRIFFIELD, YO25 5PA - £279,000

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 VERITY WAY is a midsized detached house of 104m², built sometime between 2003 and 2006, which could now be worth an estimated £285,653. It was last sold for £279,000 in September 2023, which was around 14% below the average September 2023 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

2 VERITY WAY Sold Prices

Land registry data shows four sales for 2 VERITY WAY 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 VERITY WAY 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 15 SEP	£279,000	£324,053	14% below HPI
2018 20 JUL	£225,000	£258,108	13% below HPI
2017 9 MAR	£203,000	£243,402	17% below HPI
2006 28 JUN	£162,995	£212,996	23% below HPI

2 VERITY WAY 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 VERITY WAY sales between June 2006 and September 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 July 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 VERITY WAY be worth now?

2 VERITY WAY might now be worth an estimated £285,653.

This is based on house price inflation of 2.4%, between September 2023 and December 2024, 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 2.4% inflationary increase is applied to the most recent sale price for 2 VERITY WAY of £279,000 on 15th September 2023. For the value to have increased from £279,000 to £285,653 over the nine months to December 2024, the following assumptions must hold true:

• The value of 2 VERITY WAY has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The September 2023 sale price of £279,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VERITY WAY has not materially changed since September 2023.

How Large is 2 VERITY WAY?

2 VERITY WAY is 104m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% 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 VERITY WAY lies on this distribution: 47% of detached houses houses are smaller than 2 VERITY WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Driffield.

2 VERITY WAY: Plot and Title Map

2 VERITY WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 2 VERITY 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 VERITY 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 VERITY WAY?

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