MEADOWGATE, MEADOW ROAD, DRIFFIELD, YO25 5NL - £160,000

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

MEADOWGATE is a very small extended detached house of 68m², built sometime before 1900. It was last sold for £160,000 in November 2016, which was around 34% below the average November 2016 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was G, and the potential energy rating was G.

MEADOWGATE Sold Prices

Land registry data shows two sales for MEADOWGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. Both of the two MEADOWGATE 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 7 NOV	£160,000	£240,789	34% below HPI
2005 28 JAN	£145,000	£191,439	24% below HPI

MEADOWGATE 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 two MEADOWGATE sales from January 2005 and November 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 January 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is MEADOWGATE?

MEADOWGATE is 68m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in Driffield, based on EPC data. The below chart shows the distribution of detached houses by size in Driffield, and where MEADOWGATE lies on this distribution: 8% of detached houses are smaller than MEADOWGATE, and 92% of houses are larger. Note that EPC data is not available for all properties in Driffield.

MEADOWGATE: Plot and Title Map

MEADOWGATE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of MEADOWGATE, 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 MEADOWGATE). 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 MEADOWGATE?

MEADOWGATE is located on MEADOW ROAD in DRIFFIELD, in the YO25 postcode district. The below map shows the position of MEADOWGATE on MEADOW ROAD.