16, NEW WALK, DRIFFIELD, YO25 5LE - £250,000

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

16 NEW WALK is a small extended semi-detached house of 96m², built sometime between 1991 and 1995. It was last sold for £250,000 in May 2022, which was around 19% below the average May 2022 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

16 NEW WALK Sold Prices

Land registry data shows four sales for 16 NEW WALK 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. All of the four 16 NEW WALK 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 13 MAY	£250,000	£307,200	19% below HPI
2019 1 MAR	£182,000	£258,972	30% below HPI
2009 7 DEC	£132,500	£209,150	37% below HPI
1998 10 JUL	£54,500	£79,326	31% below HPI

16 NEW WALK 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 16 NEW WALK sales between July 1998 and May 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 March 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 16 NEW WALK?

16 NEW WALK is 96m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses in Driffield, based on EPC data. The below chart shows the distribution of detached houses by size in Driffield, and where 16 NEW WALK lies on this distribution: 37% of detached houses are smaller than 16 NEW WALK, and 62% of houses are larger. Note that EPC data is not available for all properties in Driffield.

16 NEW WALK: Plot and Title Map

16 NEW WALK sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 16 NEW WALK, 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 16 NEW WALK). 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 16 NEW WALK?

16 NEW WALK is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 16 on NEW WALK.