3, VERITY WAY, DRIFFIELD, YO25 5PA - £252,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 VERITY WAY is a large detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £360,249. It was last sold for £252,500 in December 2016, which was around 6% above the average December 2016 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

3 VERITY WAY Sold Prices

Land registry data shows three sales for 3 VERITY WAY 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 3 VERITY 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
2016 21 DEC	£252,500	£239,121	6% above HPI
2007 30 MAR	£239,000	£218,235	10% above HPI
2002 30 SEP	£143,995	£127,988	13% above HPI

3 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 three 3 VERITY WAY sales between September 2002 and December 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 March 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2016 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 3 VERITY WAY be worth now?

3 VERITY WAY might now be worth an estimated £360,249.

This is based on house price inflation of 42.7%, between December 2016 and February 2025, 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 42.7% inflationary increase is applied to the most recent sale price for 3 VERITY WAY of £252,500 on 21st December 2016. For the value to have increased from £252,500 to £360,249 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 VERITY WAY has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The December 2016 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of 3 VERITY WAY has not materially changed since December 2016.

How Large is 3 VERITY WAY?

3 VERITY WAY is 123m² according to the EPC inspection conducted in September 2009. This puts it in the largest 40% 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 3 VERITY WAY lies on this distribution: 69% of detached houses houses are smaller than 3 VERITY WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Driffield.

3 VERITY WAY: Plot and Title Map

3 VERITY WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 3 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 3 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 3 VERITY WAY?

3 VERITY WAY is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 3 on VERITY WAY.