FORGE COTTAGE, FRIDAYTHORPE, DRIFFIELD, YO25 9RS - £216,000

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

FORGE COTTAGE is a midsized extended detached house of 131m², built sometime before 1900. It was last sold for £216,000 in December 2016, which was around 10% below the average December 2016 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

FORGE COTTAGE Sold Prices

Land registry data shows three sales for FORGE COTTAGE 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. All of the three FORGE COTTAGE 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
2016 16 DEC	£216,000	£238,723	10% below HPI
2001 10 AUG	£74,000	£96,549	23% below HPI
1999 26 MAR	£40,000	£78,675	49% below HPI

FORGE COTTAGE 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 FORGE COTTAGE sales between March 1999 and December 2016 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 August 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 131m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in Fridaythorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Fridaythorpe, and where FORGE COTTAGE lies on this distribution: 45% of detached houses are smaller than FORGE COTTAGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Fridaythorpe.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of FORGE COTTAGE, 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 FORGE COTTAGE). 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 FORGE COTTAGE?

FORGE COTTAGE is located in FRIDAYTHORPE, in the YO25 postcode district. The below map shows the position of FORGE COTTAGE in FRIDAYTHORPE.