7, THE GROVES, DRIFFIELD, YO25 5YZ - £430,000

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.

7 THE GROVES is a very large detached house of 181m², built sometime between 1976 and 1982, which could now be worth an estimated £477,120. It was last sold for £430,000 in February 2022, which was around 40% above the average February 2022 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

7 THE GROVES Sold Prices

Land registry data shows three sales for 7 THE GROVES 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 7 THE GROVES sales were for above 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
2022 18 FEB	£430,000	£307,468	40% above HPI
2014 4 JUL	£340,000	£215,624	58% above HPI
2010 29 JAN	£250,000	£209,439	19% above HPI

7 THE GROVES 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 7 THE GROVES sales between January 2010 and February 2022 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 July 2014 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the February 2022 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 7 THE GROVES be worth now?

7 THE GROVES might now be worth an estimated £477,120.

This is based on house price inflation of 11%, between February 2022 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 11% inflationary increase is applied to the most recent sale price for 7 THE GROVES of £430,000 on 18th February 2022. For the value to have increased from £430,000 to £477,120 over the three years to February 2025, the following assumptions must hold true:

• The value of 7 THE GROVES has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The February 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE GROVES has not materially changed since February 2022.

How Large is 7 THE GROVES?

7 THE GROVES is 181m² according to the EPC inspection conducted in October 2014. This puts it in the largest 10% 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 7 THE GROVES lies on this distribution: 96% of detached houses houses are smaller than 7 THE GROVES, and 4% of houses are larger. Note that EPC data is not available for all properties in Driffield.

7 THE GROVES: Plot and Title Map

7 THE GROVES sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of 7 THE GROVES, 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 7 THE GROVES). 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 7 THE GROVES?

7 THE GROVES is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 7 on THE GROVES.