12, PRIESTGATE CLOSE, NAFFERTON, DRIFFIELD, YO25 4PB - £300,000

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.

12 PRIESTGATE CLOSE is a very large extended detached house of 169m², built sometime between 1983 and 1990, which could now be worth an estimated £490,627. It was last sold for £300,000 in May 2012, which was around 45% above the average May 2012 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

12 PRIESTGATE CLOSE Sold Prices

Land registry data shows two sales for 12 PRIESTGATE CLOSE 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 12 PRIESTGATE CLOSE sales were for above 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
2012 9 MAY	£300,000	£206,358	45% above HPI
2003 7 MAR	£240,000	£136,508	76% above HPI

12 PRIESTGATE CLOSE 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 12 PRIESTGATE CLOSE sales from March 2003 and May 2012 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 March 2003 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the May 2012 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 12 PRIESTGATE CLOSE be worth now?

12 PRIESTGATE CLOSE might now be worth an estimated £490,627.

This is based on house price inflation of 63.5%, between May 2012 and May 2026, 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 63.5% inflationary increase is applied to the most recent sale price for 12 PRIESTGATE CLOSE of £300,000 on 9th May 2012. For the value to have increased from £300,000 to £490,627 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 12 PRIESTGATE CLOSE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The May 2012 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PRIESTGATE CLOSE has not materially changed since May 2012.

How Large is 12 PRIESTGATE CLOSE?

12 PRIESTGATE CLOSE is 169m², which includes three extensions, according to the EPC inspection conducted in February 2012. This puts it in the largest 20% of detached houses houses in Nafferton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nafferton, and where 12 PRIESTGATE CLOSE lies on this distribution: 82% of detached houses houses are smaller than 12 PRIESTGATE CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Nafferton.

12 PRIESTGATE CLOSE: Plot and Title Map

12 PRIESTGATE CLOSE sits on a plot of roughly 0.412 of an acre, or 1,669m². The below map shows the location of 12 PRIESTGATE CLOSE, 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 12 PRIESTGATE CLOSE). 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 12 PRIESTGATE CLOSE?

12 PRIESTGATE CLOSE is located in NAFFERTON, in the YO25 postcode district. The below map shows the position of No. 12 on PRIESTGATE CLOSE.