4, BRIDGE LANE, DRIFFIELD, YO25 6LP - £187,000

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

4 BRIDGE LANE is a small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £187,000 in May 2017, which was around 24% below the average May 2017 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

4 BRIDGE LANE Sold Prices

Land registry data shows three sales for 4 BRIDGE 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 4 BRIDGE 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
2017 24 MAY	£187,000	£246,674	24% below HPI
2012 18 DEC	£130,750	£207,572	37% below HPI
1995 10 MAR	£52,500	£75,763	31% below HPI

4 BRIDGE 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 4 BRIDGE LANE sales between March 1995 and May 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 December 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 BRIDGE LANE?

4 BRIDGE LANE is 90m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 30% of detached houses in Driffield, based on EPC data. The below chart shows the distribution of detached houses by size in Driffield, and where 4 BRIDGE LANE lies on this distribution: 30% of detached houses are smaller than 4 BRIDGE LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Driffield.

4 BRIDGE LANE: Plot and Title Map

4 BRIDGE LANE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 4 BRIDGE 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 4 BRIDGE 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 4 BRIDGE LANE?

4 BRIDGE LANE is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 4 on BRIDGE LANE.