GOWAN BANK, NEW ROAD, BRANDESBURTON, DRIFFIELD, YO25 8RX - £350,000

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

GOWAN BANK is a small detached house of 94m², built sometime between 1930 and 1949. It was last sold for £350,000 in August 2022, which was around 10% above the average August 2022 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

GOWAN BANK Sold Prices

Land registry data shows four sales for GOWAN BANK 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. Most of the four GOWAN BANK 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
2022 10 AUG	£350,000	£319,108	10% above HPI
2013 13 JUN	£190,000	£208,824	9% below HPI
2000 26 MAY	£67,500	£85,587	21% below HPI
1997 18 DEC	£45,000	£78,356	43% below HPI

GOWAN BANK 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 GOWAN BANK sales between December 1997 and August 2022 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 June 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is GOWAN BANK?

GOWAN BANK is 94m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Brandesburton, based on EPC data. The below chart shows the distribution of detached houses by size in Brandesburton, and where GOWAN BANK lies on this distribution: 26% of detached houses are smaller than GOWAN BANK, and 73% of houses are larger. Note that EPC data is not available for all properties in Brandesburton.

GOWAN BANK: Plot and Title Map

GOWAN BANK sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of GOWAN BANK, 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 GOWAN BANK). 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 GOWAN BANK?

GOWAN BANK is located on NEW ROAD in BRANDESBURTON, in the YO25 postcode district. The below map shows the position of GOWAN BANK on NEW ROAD.