3, TOWN FARM CLOSE, SKIPSEA, DRIFFIELD, YO25 8UB - £127,500

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.

3 TOWN FARM CLOSE is a very small semi-detached house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £185,165. It was last sold for £127,500 in March 2008, which was around 13% below the average March 2008 semi-detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

3 TOWN FARM CLOSE Sold Prices

Land registry data shows two sales for 3 TOWN FARM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. Both of the two 3 TOWN FARM 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
2008 12 MAR	£127,500	£147,007	13% below HPI
2000 29 SEP	£52,500	£53,240	1% below HPI

3 TOWN FARM 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 two 3 TOWN FARM CLOSE sales from September 2000 and March 2008 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 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2008 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 TOWN FARM CLOSE be worth now?

3 TOWN FARM CLOSE might now be worth an estimated £185,165.

This is based on house price inflation of 45.2%, between March 2008 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 45.2% inflationary increase is applied to the most recent sale price for 3 TOWN FARM CLOSE of £127,500 on 12th March 2008. For the value to have increased from £127,500 to £185,165 over the seventeen years and one month to February 2025, the following assumptions must hold true:

• The value of 3 TOWN FARM CLOSE has moved in line with the HPI for semi-detached houses in the East Riding of Yorkshire local authority area.
• The March 2008 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 3 TOWN FARM CLOSE has not materially changed since March 2008.

How Large is 3 TOWN FARM CLOSE?

3 TOWN FARM CLOSE is 53m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of semi-detached houses houses in Skipsea, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Skipsea, and where 3 TOWN FARM CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 3 TOWN FARM CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Skipsea.

3 TOWN FARM CLOSE: Plot and Title Map

3 TOWN FARM CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 3 TOWN FARM 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 3 TOWN FARM 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 3 TOWN FARM CLOSE?

3 TOWN FARM CLOSE is located in SKIPSEA, in the YO25 postcode district. The below map shows the position of No. 3 on TOWN FARM CLOSE.