4, VERITY WAY, DRIFFIELD, YO25 5PA - £265,000

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 VERITY WAY is a very large extended detached house of 139m², built sometime between 2003 and 2006. It was last sold for £265,000 in June 2018, which was around 3% above the average June 2018 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

4 VERITY WAY Sold Prices

Land registry data shows four sales for 4 VERITY WAY 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. Most of the four 4 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
2018 22 JUN	£265,000	£256,093	3% above HPI
2017 17 AUG	£255,000	£253,300	1% above HPI
2016 8 JUN	£225,000	£235,581	4% below HPI
2005 20 JUN	£248,995	£197,300	26% above HPI

4 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 four 4 VERITY WAY sales between June 2005 and June 2018 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 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 4 VERITY WAY?

4 VERITY WAY is 139m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 20% 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 VERITY WAY lies on this distribution: 80% of detached houses are smaller than 4 VERITY WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Driffield.

4 VERITY WAY: Plot and Title Map

4 VERITY WAY sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 4 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 4 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 4 VERITY WAY?

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