BANK VIEW, COTTAM LANE, LANGTOFT, DRIFFIELD, YO25 3BU - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BANK VIEW is a small extended detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £363,176. It was last sold for £280,000 in November 2019, which was around 6% above the average November 2019 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

BANK VIEW Sold Prices

Land registry data shows three sales for BANK VIEW 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. One of the three BANK VIEW sales was for above the average price, whilst two 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
2019 8 NOV	£280,000	£263,027	6% above HPI
2002 1 MAY	£105,000	£111,138	6% below HPI
1997 21 FEB	£69,000	£74,692	8% below HPI

BANK VIEW 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 BANK VIEW sales between February 1997 and November 2019 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 May 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2019 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might BANK VIEW be worth now?

BANK VIEW might now be worth an estimated £363,176.

This is based on house price inflation of 29.7%, between November 2019 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 29.7% inflationary increase is applied to the most recent sale price for BANK VIEW of £280,000 on 8th November 2019. For the value to have increased from £280,000 to £363,176 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of BANK VIEW has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The November 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of BANK VIEW has not materially changed since November 2019.

How Large is BANK VIEW?

BANK VIEW is 124m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses houses in Langtoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langtoft, and where BANK VIEW lies on this distribution: 38% of detached houses houses are smaller than BANK VIEW, and 59% of houses are larger. Note that EPC data is not available for all properties in Langtoft.

BANK VIEW: Plot and Title Map

BANK VIEW sits on a plot of roughly 0.613 of an acre, or 2,479m². The below map shows the location of BANK VIEW, 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 BANK VIEW). 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 BANK VIEW?

BANK VIEW is located on COTTAM LANE in LANGTOFT, in the YO25 postcode district. The below map shows the position of BANK VIEW on COTTAM LANE.