BANKSIDE, KILHAM ROAD, LANGTOFT, DRIFFIELD, YO25 3TU - £290,000

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.

BANKSIDE is a large detached house of 153m², built sometime between 1983 and 1990, which could now be worth an estimated £308,729. It was last sold for £290,000 in December 2023, which was around 10% below the average December 2023 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

BANKSIDE Sold Prices

Land registry data shows four sales for BANKSIDE 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 BANKSIDE 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
2023 18 DEC	£290,000	£320,464	10% below HPI
2021 30 JUL	£272,000	£292,128	7% below HPI
2006 4 MAY	£173,000	£210,694	18% below HPI
2005 30 SEP	£169,950	£206,046	18% below HPI

BANKSIDE 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 BANKSIDE sales between September 2005 and December 2023 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 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might BANKSIDE be worth now?

BANKSIDE might now be worth an estimated £308,729.

This is based on house price inflation of 6.5%, between December 2023 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 6.5% inflationary increase is applied to the most recent sale price for BANKSIDE of £290,000 on 18th December 2023. For the value to have increased from £290,000 to £308,729 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of BANKSIDE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The December 2023 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of BANKSIDE has not materially changed since December 2023.

How Large is BANKSIDE?

BANKSIDE is 153m² according to the EPC inspection conducted in February 2014. This puts it in the largest 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 BANKSIDE lies on this distribution: 62% of detached houses houses are smaller than BANKSIDE, and 38% of houses are larger. Note that EPC data is not available for all properties in Langtoft.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on KILHAM ROAD in LANGTOFT, in the YO25 postcode district. The below map shows the position of BANKSIDE on KILHAM ROAD.