4, SPRING CLOSE, DRIFFIELD, YO25 5YR - £277,000

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 SPRING CLOSE is a midsized extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £277,000 in November 2020, which was around 1% below the average November 2020 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

4 SPRING CLOSE Sold Prices

Land registry data shows four sales for 4 SPRING CLOSE 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. two of the four 4 SPRING CLOSE sales were for below the average price, and four 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
2020 2 NOV	£277,000	£280,912	1% below HPI
2006 25 AUG	£203,500	£215,355	6% below HPI
2000 14 JAN	£83,800	£82,776	1% above HPI
1995 15 DEC	£79,950	£74,383	7% above HPI

4 SPRING CLOSE 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 4 SPRING CLOSE sales between December 1995 and November 2020 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 August 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 4 SPRING CLOSE?

4 SPRING CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 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 4 SPRING CLOSE lies on this distribution: 52% of detached houses are smaller than 4 SPRING CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Driffield.

4 SPRING CLOSE: Plot and Title Map

4 SPRING CLOSE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 4 SPRING CLOSE, 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 SPRING CLOSE). 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 SPRING CLOSE?

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