38, SPENCERS WAY, DRIFFIELD, YO25 6RH - £260,000

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

38 SPENCERS WAY is a midsized extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £260,000 in December 2017, which was around 3% above the average December 2017 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

38 SPENCERS WAY Sold Prices

Land registry data shows two sales for 38 SPENCERS WAY since 1^st 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. One of the two 38 SPENCERS WAY sales was for above the average price, whilst the other was 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
2017 15 DEC	£260,000	£252,652	3% above HPI
2015 15 MAY	£199,950	£222,000	10% below HPI

38 SPENCERS 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 two 38 SPENCERS WAY sales from May 2015 and December 2017 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 May 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2017 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 38 SPENCERS WAY?

38 SPENCERS WAY is 103m², which includes two extensions, according to the EPC inspection conducted in December 2015. 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 38 SPENCERS WAY lies on this distribution: 46% of detached houses are smaller than 38 SPENCERS WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Driffield.

38 SPENCERS WAY: Plot and Title Map

38 SPENCERS WAY sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 38 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 38 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 38 SPENCERS WAY?

38 SPENCERS WAY is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 38 on SPENCERS WAY.