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
6 MILL FALLS is a very small detached house of 49m², built sometime between 1967 and 1975. It was last sold for £146,500 in July 2016, which was around 38% below the average July 2016 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 6 MILL FALLS since 1st 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 6 MILL FALLS 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 |
---|---|---|---|
2016 25 JUL | £146,500 | £236,507 | 38% below HPI |
1997 17 OCT | £48,500 | £79,107 | 39% below HPI |
1996 17 MAY | £40,000 | £76,188 | 47% below HPI |
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 6 MILL FALLS sales between May 1996 and July 2016 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 October 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
6 MILL FALLS is 49m² according to the EPC inspection conducted in August 2015. 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 6 MILL FALLS lies on this distribution: 1% of detached houses are smaller than 6 MILL FALLS, and 99% of houses are larger. Note that EPC data is not available for all properties in Driffield.
6 MILL FALLS sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 6 MILL FALLS, 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 6 MILL FALLS). 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.
6 MILL FALLS is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 6 on MILL FALLS.