22, MAGNOLIA CLOSE, DRIFFIELD, YO25 6QU - £126,500

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.

22 MAGNOLIA CLOSE is a very small semi-detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £186,286. It was last sold for £126,500 in March 2016, which was around 13% below the average March 2016 semi-detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

22 MAGNOLIA CLOSE Sold Prices

Land registry data shows four sales for 22 MAGNOLIA CLOSE 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 22 MAGNOLIA CLOSE 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
2016 11 MAR	£126,500	£145,143	13% below HPI
2012 14 SEP	£118,950	£127,327	7% below HPI
2007 21 JUN	£118,950	£144,628	18% below HPI
2004 22 OCT	£97,950	£124,373	21% below HPI

22 MAGNOLIA CLOSE 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 22 MAGNOLIA CLOSE sales between October 2004 and March 2016 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 September 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 22 MAGNOLIA CLOSE be worth now?

22 MAGNOLIA CLOSE might now be worth an estimated £186,286.

This is based on house price inflation of 47.3%, between March 2016 and May 2026, 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 47.3% inflationary increase is applied to the most recent sale price for 22 MAGNOLIA CLOSE of £126,500 on 11th March 2016. For the value to have increased from £126,500 to £186,286 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 22 MAGNOLIA CLOSE has moved in line with the HPI for semi-detached houses in the East Riding of Yorkshire local authority area.
• The March 2016 sale price of £126,500 represented a fair market value for the property.
• The size, condition, and specification of 22 MAGNOLIA CLOSE has not materially changed since March 2016.

How Large is 22 MAGNOLIA CLOSE?

22 MAGNOLIA CLOSE is 55m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% 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 22 MAGNOLIA CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 22 MAGNOLIA CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Driffield.

22 MAGNOLIA CLOSE: Plot and Title Map

22 MAGNOLIA CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 22 MAGNOLIA 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 22 MAGNOLIA 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 22 MAGNOLIA CLOSE?

22 MAGNOLIA CLOSE is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 22 on MAGNOLIA CLOSE.