42, SPENCERS WAY, DRIFFIELD, YO25 6RH - £295,000

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

42 SPENCERS WAY is a large extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £295,000 in April 2023, which was around 8% below the average April 2023 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

42 SPENCERS WAY Sold Prices

Land registry data shows two sales for 42 SPENCERS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. Both of the two 42 SPENCERS WAY 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
2023 28 APR	£295,000	£319,005	8% below HPI
2019 26 JUL	£225,000	£262,814	14% below HPI

42 SPENCERS 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 two 42 SPENCERS WAY sales from July 2019 and April 2023 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 July 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 42 SPENCERS WAY?

42 SPENCERS WAY is 118m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses in Driffield, based on EPC data. The below chart shows the distribution of detached houses by size in Driffield, and where 42 SPENCERS WAY lies on this distribution: 63% of detached houses are smaller than 42 SPENCERS WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Driffield.

42 SPENCERS WAY: Plot and Title Map

42 SPENCERS WAY sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 42 SPENCERS 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 42 SPENCERS 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 42 SPENCERS WAY?

42 SPENCERS WAY is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 42 on SPENCERS WAY.