17, SPENCERS WAY, DRIFFIELD, YO25 6RH - £195,000

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.

17 SPENCERS WAY is a midsized extended semi-detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £233,000. It was last sold for £195,000 in January 2021, which was around 9% above the average January 2021 semi-detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

17 SPENCERS WAY Sold Prices

Land registry data shows four sales for 17 SPENCERS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the four 17 SPENCERS WAY 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
2021 18 JAN	£195,000	£178,675	9% above HPI
2009 20 FEB	£170,000	£123,634	38% above HPI
2006 17 NOV	£150,000	£140,317	7% above HPI
1996 28 JUN	£59,000	£46,714	26% above HPI

17 SPENCERS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The four 17 SPENCERS WAY sales between June 1996 and January 2021 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 February 2009 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the January 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 17 SPENCERS WAY be worth now?

17 SPENCERS WAY might now be worth an estimated £233,000.

This is based on house price inflation of 19.5%, between January 2021 and February 2025, for semi-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 19.5% inflationary increase is applied to the most recent sale price for 17 SPENCERS WAY of £195,000 on 18th January 2021. For the value to have increased from £195,000 to £233,000 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 17 SPENCERS WAY has moved in line with the HPI for semi-detached houses in the East Riding of Yorkshire local authority area.
• The January 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 17 SPENCERS WAY has not materially changed since January 2021.

How Large is 17 SPENCERS WAY?

17 SPENCERS WAY is 101m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the smallest 50% of semi-detached houses houses in Driffield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Driffield, and where 17 SPENCERS WAY lies on this distribution: 42% of semi-detached houses houses are smaller than 17 SPENCERS WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Driffield.

17 SPENCERS WAY: Plot and Title Map

17 SPENCERS WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 17 SPENCERS WAY, 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 17 SPENCERS WAY). 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 17 SPENCERS WAY?

17 SPENCERS WAY is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 17 on SPENCERS WAY.