5, NEWLAND CLOSE, DRIFFIELD, YO25 6TU - £189,500

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.

5 NEWLAND CLOSE is a very small detached house of 72m², built sometime from 2007 onwards, which could now be worth an estimated £245,185. It was last sold for £189,500 in November 2018, which was around 28% below the average November 2018 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

5 NEWLAND CLOSE Sold Prices

Land registry data shows two sales for 5 NEWLAND 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 5 NEWLAND 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 9 NOV	£189,500	£263,678	28% below HPI
2008 2 MAY	£185,950	£229,232	19% below HPI

5 NEWLAND 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 5 NEWLAND CLOSE sales from May 2008 and November 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 May 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 NEWLAND CLOSE be worth now?

5 NEWLAND CLOSE might now be worth an estimated £245,185.

This is based on house price inflation of 29.4%, between November 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 29.4% inflationary increase is applied to the most recent sale price for 5 NEWLAND CLOSE of £189,500 on 9th November 2018. For the value to have increased from £189,500 to £245,185 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 NEWLAND CLOSE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The November 2018 sale price of £189,500 represented a fair market value for the property.
• The size, condition, and specification of 5 NEWLAND CLOSE has not materially changed since November 2018.

How Large is 5 NEWLAND CLOSE?

5 NEWLAND CLOSE is 72m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% 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 5 NEWLAND CLOSE lies on this distribution: 11% of detached houses houses are smaller than 5 NEWLAND CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Driffield.

5 NEWLAND CLOSE: Plot and Title Map

5 NEWLAND CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 5 NEWLAND 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 NEWLAND 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 NEWLAND CLOSE?

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