5, MILLSIDE CLOSE, KILHAM, DRIFFIELD, YO25 4SF - £120,000

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.

5 MILLSIDE CLOSE is a very small semi-detached house of 50m², built sometime between 1976 and 1982, which could now be worth an estimated £155,408. It was last sold for £120,000 in May 2019, which was around 27% below the average May 2019 semi-detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

5 MILLSIDE CLOSE Sold Prices

Land registry data shows two sales for 5 MILLSIDE 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 5 MILLSIDE 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
2019 10 MAY	£120,000	£163,667	27% below HPI
2012 14 SEP	£102,500	£127,327	19% below HPI

5 MILLSIDE 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 5 MILLSIDE CLOSE sales from September 2012 and May 2019 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 MILLSIDE CLOSE be worth now?

5 MILLSIDE CLOSE might now be worth an estimated £155,408.

This is based on house price inflation of 29.5%, between May 2019 and March 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 29.5% inflationary increase is applied to the most recent sale price for 5 MILLSIDE CLOSE of £120,000 on 10th May 2019. For the value to have increased from £120,000 to £155,408 over the seven years and two months to March 2026, the following assumptions must hold true:

• The value of 5 MILLSIDE CLOSE has moved in line with the HPI for semi-detached houses in the East Riding of Yorkshire local authority area.
• The May 2019 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILLSIDE CLOSE has not materially changed since May 2019.

How Large is 5 MILLSIDE CLOSE?

5 MILLSIDE CLOSE is 50m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of semi-detached houses houses in Kilham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kilham, and where 5 MILLSIDE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 5 MILLSIDE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Kilham.

5 MILLSIDE CLOSE: Plot and Title Map

5 MILLSIDE CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 5 MILLSIDE 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 5 MILLSIDE 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 5 MILLSIDE CLOSE?

5 MILLSIDE CLOSE is located in KILHAM, in the YO25 postcode district. The below map shows the position of No. 5 on MILLSIDE CLOSE.