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

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 THE BEECHES is a very small detached house of 64m², built sometime between 1983 and 1990, which could now be worth an estimated £167,090. 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	£214,387	51% below HPI
2003 19 SEP	£88,000	£156,544	44% below HPI
1997 26 SEP	£52,500	£78,666	33% below HPI
1995 16 FEB	£44,300	£76,140	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.

What might 8 THE BEECHES be worth now?

8 THE BEECHES might now be worth an estimated £167,090.

This is based on house price inflation of 59.1%, between October 2011 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 59.1% inflationary increase is applied to the most recent sale price for 8 THE BEECHES of £105,000 on 26th October 2011. For the value to have increased from £105,000 to £167,090 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 THE BEECHES has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The October 2011 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE BEECHES has not materially changed since October 2011.

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 houses in Driffield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Driffield, and where 8 THE BEECHES lies on this distribution: 6% of detached houses 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.