2, ELM TREE WAY, BRANDESBURTON, DRIFFIELD, YO25 8RF - £615,000

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.

2 ELM TREE WAY is a very large extended detached house of 287m², built sometime between 2003 and 2006, which could now be worth an estimated £779,183. It was last sold for £615,000 in July 2020, which was around 129% above the average July 2020 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was C.

2 ELM TREE WAY Sold Prices

Land registry data shows two sales for 2 ELM TREE WAY 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 2 ELM TREE 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
2020 29 JUL	£615,000	£269,084	129% above HPI
2007 23 MAR	£574,995	£218,235	163% above HPI

2 ELM TREE WAY 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 2 ELM TREE WAY sales from March 2007 and July 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 March 2007 sale was for 163% above the HPI. So the extrapolation line tracks at 163% above the HPI over time, until the July 2020 sale, where it falls to 129% above the HPI. The line then continues to track at 129% above the HPI.

What might 2 ELM TREE WAY be worth now?

2 ELM TREE WAY might now be worth an estimated £779,183.

This is based on house price inflation of 26.7%, between July 2020 and March 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 26.7% inflationary increase is applied to the most recent sale price for 2 ELM TREE WAY of £615,000 on 29th July 2020. For the value to have increased from £615,000 to £779,183 over the five years and four months to March 2025, the following assumptions must hold true:

• The value of 2 ELM TREE WAY has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The July 2020 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELM TREE WAY has not materially changed since July 2020.

How Large is 2 ELM TREE WAY?

2 ELM TREE WAY is 287m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses houses in Brandesburton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brandesburton, and where 2 ELM TREE WAY lies on this distribution: 96% of detached houses houses are smaller than 2 ELM TREE WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Brandesburton.

2 ELM TREE WAY: Plot and Title Map

2 ELM TREE WAY sits on a plot of roughly 0.679 of an acre, or 2,747m². The below map shows the location of 2 ELM TREE 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 2 ELM TREE 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 2 ELM TREE WAY?

2 ELM TREE WAY is located in BRANDESBURTON, in the YO25 postcode district. The below map shows the position of No. 2 on ELM TREE WAY.