4, THE FORGE, DRIFFIELD, YO25 6QL - £118,750

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 THE FORGE is a very small extended semi-detached house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £164,813. It was last sold for £118,750 in October 2016, which was around 21% below the average October 2016 semi-detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

4 THE FORGE Sold Prices

Land registry data shows three sales for 4 THE FORGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the three 4 THE FORGE 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
2016 7 OCT	£118,750	£150,127	21% below HPI
2007 21 DEC	£87,500	£147,334	41% below HPI
2001 18 DEC	£53,550	£60,364	11% below HPI

4 THE FORGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The three 4 THE FORGE sales between December 2001 and October 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 December 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 4 THE FORGE be worth now?

4 THE FORGE might now be worth an estimated £164,813.

This is based on house price inflation of 38.8%, between October 2016 and December 2024, for semi-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 38.8% inflationary increase is applied to the most recent sale price for 4 THE FORGE of £118,750 on 7th October 2016. For the value to have increased from £118,750 to £164,813 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 4 THE FORGE has moved in line with the HPI for semi-detached houses in the East Riding of Yorkshire local authority area.
• The October 2016 sale price of £118,750 represented a fair market value for the property.
• The size, condition, and specification of 4 THE FORGE has not materially changed since October 2016.

How Large is 4 THE FORGE?

4 THE FORGE is 54m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of semi-detached houses houses in Driffield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Driffield, and where 4 THE FORGE lies on this distribution: 2% of semi-detached houses houses are smaller than 4 THE FORGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Driffield.

4 THE FORGE: Plot and Title Map

4 THE FORGE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 4 THE FORGE, 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 THE FORGE). 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 THE FORGE?

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