8, HOWE LANE, NAFFERTON, DRIFFIELD, YO25 4JT - £240,000

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.

8 HOWE LANE is a very small detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £252,471. It was last sold for £240,000 in October 2024, which was around 26% below the average October 2024 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

8 HOWE LANE Sold Prices

Land registry data shows two sales for 8 HOWE LANE 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 8 HOWE LANE 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
2024 28 OCT	£240,000	£324,309	26% below HPI
2002 26 APR	£57,000	£108,892	48% below HPI

8 HOWE LANE 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 8 HOWE LANE sales from April 2002 and October 2024 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 April 2002 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2024 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 8 HOWE LANE be worth now?

8 HOWE LANE might now be worth an estimated £252,471.

This is based on house price inflation of 5.2%, between October 2024 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 5.2% inflationary increase is applied to the most recent sale price for 8 HOWE LANE of £240,000 on 28th October 2024. For the value to have increased from £240,000 to £252,471 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 8 HOWE LANE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The October 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HOWE LANE has not materially changed since October 2024.

How Large is 8 HOWE LANE?

8 HOWE LANE is 74m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses houses in Nafferton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nafferton, and where 8 HOWE LANE lies on this distribution: 10% of detached houses houses are smaller than 8 HOWE LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Nafferton.

8 HOWE LANE: Plot and Title Map

8 HOWE LANE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 8 HOWE LANE, 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 8 HOWE LANE). 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 8 HOWE LANE?

8 HOWE LANE is located in NAFFERTON, in the YO25 postcode district. The below map shows the position of No. 8 on HOWE LANE.