MERE FARM, HUNMANBY ROAD, BURTON FLEMING, DRIFFIELD, YO25 3PT - £392,500

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.

MERE FARM is a large extended detached house of 141m², built sometime before 1900, which could now be worth an estimated £475,891. It was last sold for £392,500 in November 2020, which was around 39% above the average November 2020 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was F, and the potential energy rating was B.

MERE FARM Sold Prices

Land registry data shows two sales for MERE FARM 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. One of the two MERE FARM sales was for above the average price, whilst the other was 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
2020 27 NOV	£392,500	£281,379	39% above HPI
2017 23 JUN	£240,000	£250,970	4% below HPI

MERE FARM 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 MERE FARM sales from June 2017 and November 2020 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 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2020 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might MERE FARM be worth now?

MERE FARM might now be worth an estimated £475,891.

This is based on house price inflation of 21.2%, between November 2020 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 21.2% inflationary increase is applied to the most recent sale price for MERE FARM of £392,500 on 27th November 2020. For the value to have increased from £392,500 to £475,891 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of MERE FARM has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The November 2020 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of MERE FARM has not materially changed since November 2020.

How Large is MERE FARM?

MERE FARM is 141m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 30% of detached houses houses in Burton Fleming, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burton Fleming, and where MERE FARM lies on this distribution: 74% of detached houses houses are smaller than MERE FARM, and 26% of houses are larger. Note that EPC data is not available for all properties in Burton Fleming.

MERE FARM: Plot and Title Map

MERE FARM sits on a plot of roughly 0.332 of an acre, or 1,345m². The below map shows the location of MERE FARM, 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 MERE FARM). 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 MERE FARM?

MERE FARM is located on HUNMANBY ROAD in BURTON FLEMING, in the YO25 postcode district. The below map shows the position of MERE FARM on HUNMANBY ROAD.