8, THE BEECHES, DRIFFIELD, YO25 5FN - £105,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 THE BEECHES is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £105,000 in October 2011, which was around 51% below the average October 2011 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

8 THE BEECHES Sold Prices

Land registry data shows four sales for 8 THE BEECHES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the four 8 THE BEECHES 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
2011 26 OCT	£105,000	£214,031	51% below HPI
2003 19 SEP	£88,000	£156,284	44% below HPI
1997 26 SEP	£52,500	£78,535	33% below HPI
1995 16 FEB	£44,300	£76,014	42% below HPI

8 THE BEECHES 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 four 8 THE BEECHES sales between February 1995 and October 2011 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 September 2003 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2011 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 8 THE BEECHES?

8 THE BEECHES is 64m² according to the EPC inspection conducted in May 2011. 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 8 THE BEECHES lies on this distribution: 6% of detached houses are smaller than 8 THE BEECHES, and 94% of houses are larger. Note that EPC data is not available for all properties in Driffield.

8 THE BEECHES: Plot and Title Map

8 THE BEECHES sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 8 THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

8 THE BEECHES is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 8 on THE BEECHES.