5, EXCHANGE STREET, DRIFFIELD, YO25 6LJ - £75,000

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

5 EXCHANGE STREET is a very small extended detached house of 56m², built sometime before 1900. It was last sold for £75,000 in December 2009, which was around 64% below the average December 2009 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

5 EXCHANGE STREET Sold Prices

Land registry data shows three sales for 5 EXCHANGE STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the three 5 EXCHANGE 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
2009 23 DEC	£75,000	£209,150	64% below HPI
2002 28 MAY	£39,000	£110,954	65% below HPI
1997 23 MAY	£31,000	£78,180	60% below HPI

5 EXCHANGE 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 three 5 EXCHANGE STREET sales between May 1997 and December 2009 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 May 2002 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the December 2009 sale, where it rises to 64% below the HPI. The line then continues to track at 64% below the HPI.

How Large is 5 EXCHANGE STREET?

5 EXCHANGE STREET is 56m², which includes one extension, according to the EPC inspection conducted in November 2022. 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 5 EXCHANGE STREET lies on this distribution: 3% of detached houses are smaller than 5 EXCHANGE STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Driffield.

5 EXCHANGE STREET: Plot and Title Map

5 EXCHANGE STREET sits on a plot of roughly 0.019 of an acre, or 77m². The below map shows the location of 5 EXCHANGE 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 5 EXCHANGE 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 5 EXCHANGE STREET?

5 EXCHANGE STREET is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 5 on EXCHANGE STREET.