5, NEW WALK CLOSE, DRIFFIELD, YO25 5LG - £177,000

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 NEW WALK CLOSE is a very small detached house of 63m², built sometime between 1983 and 1990. It was last sold for £177,000 in February 2021, which was around 39% below the average February 2021 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

5 NEW WALK CLOSE Sold Prices

Land registry data shows three sales for 5 NEW WALK CLOSE 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 NEW WALK 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
2021 18 FEB	£177,000	£287,808	39% below HPI
2019 15 MAR	£147,000	£258,972	43% below HPI
2009 20 MAY	£115,000	£195,793	41% below HPI

5 NEW WALK 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 three 5 NEW WALK CLOSE sales between May 2009 and February 2021 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 March 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 5 NEW WALK CLOSE?

5 NEW WALK CLOSE is 63m² according to the EPC inspection conducted in January 2019. 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 NEW WALK CLOSE lies on this distribution: 5% of detached houses are smaller than 5 NEW WALK CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Driffield.

5 NEW WALK CLOSE: Plot and Title Map

5 NEW WALK CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 5 NEW WALK 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 5 NEW WALK 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 5 NEW WALK CLOSE?

5 NEW WALK CLOSE is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 5 on NEW WALK CLOSE.