2, WOOD LANE, DRIFFIELD, YO25 6DU - £272,500

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 WOOD LANE is a midsized detached house of 104m², built sometime between 2003 and 2006. It was last sold for £272,500 in July 2024, which was around 19% below the average July 2024 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

2 WOOD LANE Sold Prices

Land registry data shows three sales for 2 WOOD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the three 2 WOOD LANE 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
2024 18 JUL	£272,500	£336,082	19% below HPI
2017 29 SEP	£207,000	£254,923	19% below HPI
2014 28 MAY	£182,500	£215,222	15% below HPI

2 WOOD LANE 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 three 2 WOOD LANE sales between May 2014 and July 2024 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 September 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2024 sale, which was also at 19% below the HPI.

How Large is 2 WOOD LANE?

2 WOOD LANE is 104m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% 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 WOOD LANE lies on this distribution: 48% of detached houses are smaller than 2 WOOD LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Driffield.

2 WOOD LANE: Plot and Title Map

2 WOOD LANE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 2 WOOD LANE, 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 WOOD LANE). 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 WOOD LANE?

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