40, GIBSON STREET, DRIFFIELD, YO25 6ED - £130,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 GIBSON STREET is a very small detached house of 44m², built sometime between 1950 and 1966. It was last sold for £130,000 in December 2020, which was around 54% below the average December 2020 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

40 GIBSON STREET Sold Prices

Land registry data shows five sales for 40 GIBSON STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the five 40 GIBSON STREET 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
2020 17 DEC	£130,000	£285,072	54% below HPI
2017 31 JAN	£110,000	£238,533	54% below HPI
2007 2 NOV	£105,000	£231,059	55% below HPI
2006 4 AUG	£115,000	£215,355	47% below HPI
1998 27 NOV	£28,000	£79,640	65% below HPI

40 GIBSON STREET 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 five 40 GIBSON STREET sales between November 1998 and December 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 January 2017 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2020 sale, which was also at 54% below the HPI.

How Large is 40 GIBSON STREET?

40 GIBSON STREET is 44m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of detached houses in Driffield, based on EPC data. The below chart shows the distribution of detached houses by size in Driffield, and where 40 GIBSON STREET lies on this distribution: Less than 1% of detached houses are smaller than 40 GIBSON STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Driffield.

40 GIBSON STREET: Plot and Title Map

40 GIBSON STREET sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 40 GIBSON STREET, 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 40 GIBSON STREET). 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 40 GIBSON STREET?

40 GIBSON STREET is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 40 on GIBSON STREET.