48, SOUTHFIELD CLOSE, DRIFFIELD, YO25 5YU - £187,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 SOUTHFIELD CLOSE is a small extended detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £249,368. It was last sold for £187,500 in June 2018, which was around 27% below the average June 2018 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

48 SOUTHFIELD CLOSE Sold Prices

Land registry data shows two sales for 48 SOUTHFIELD CLOSE 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 48 SOUTHFIELD CLOSE 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
2018 22 JUN	£187,500	£256,519	27% below HPI
2007 19 FEB	£178,000	£219,463	19% below HPI

48 SOUTHFIELD 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 two 48 SOUTHFIELD CLOSE sales from February 2007 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 February 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 48 SOUTHFIELD CLOSE be worth now?

48 SOUTHFIELD CLOSE might now be worth an estimated £249,368.

This is based on house price inflation of 33%, between June 2018 and February 2025, for 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 33% inflationary increase is applied to the most recent sale price for 48 SOUTHFIELD CLOSE of £187,500 on 22nd June 2018. For the value to have increased from £187,500 to £249,368 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 48 SOUTHFIELD CLOSE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The June 2018 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 48 SOUTHFIELD CLOSE has not materially changed since June 2018.

How Large is 48 SOUTHFIELD CLOSE?

48 SOUTHFIELD CLOSE is 91m², which includes three extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of detached houses houses in Driffield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Driffield, and where 48 SOUTHFIELD CLOSE lies on this distribution: 30% of detached houses houses are smaller than 48 SOUTHFIELD CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Driffield.

48 SOUTHFIELD CLOSE: Plot and Title Map

48 SOUTHFIELD CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 48 SOUTHFIELD 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 48 SOUTHFIELD 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 48 SOUTHFIELD CLOSE?

48 SOUTHFIELD CLOSE is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 48 on SOUTHFIELD CLOSE.