SPELLOWGATE LODGE, YORK ROAD, DRIFFIELD, YO25 5AY - £275,000

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

SPELLOWGATE LODGE is a small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £275,000 in June 2022, which was around 11% below the average June 2022 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

SPELLOWGATE LODGE Sold Prices

Land registry data shows two sales for SPELLOWGATE LODGE 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 SPELLOWGATE LODGE 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 14 JUN	£275,000	£310,020	11% below HPI
1998 24 JUL	£63,000	£79,326	21% below HPI

SPELLOWGATE LODGE 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 SPELLOWGATE LODGE sales from July 1998 and June 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 July 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is SPELLOWGATE LODGE?

SPELLOWGATE LODGE is 83m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses in Driffield, based on EPC data. The below chart shows the distribution of detached houses by size in Driffield, and where SPELLOWGATE LODGE lies on this distribution: 23% of detached houses are smaller than SPELLOWGATE LODGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Driffield.

SPELLOWGATE LODGE: Plot and Title Map

SPELLOWGATE LODGE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of SPELLOWGATE LODGE, 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 SPELLOWGATE LODGE). 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 SPELLOWGATE LODGE?

SPELLOWGATE LODGE is located on YORK ROAD in DRIFFIELD, in the YO25 postcode district. The below map shows the position of SPELLOWGATE LODGE on YORK ROAD.