5, PARK CLOSE, DRIFFIELD, YO25 6DN - £117,000

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 PARK CLOSE is a very small semi-detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £188,394. It was last sold for £117,000 in November 2009, which was around 12% below the average November 2009 semi-detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

5 PARK CLOSE Sold Prices

Land registry data shows two sales for 5 PARK 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. One of the two 5 PARK CLOSE sales was for below the average price, whilst the other was 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
2009 3 NOV	£117,000	£132,588	12% below HPI
1999 27 JAN	£47,500	£46,086	3% above HPI

5 PARK 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 PARK CLOSE sales from January 1999 and November 2009 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 January 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2009 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 5 PARK CLOSE be worth now?

5 PARK CLOSE might now be worth an estimated £188,394.

This is based on house price inflation of 61%, between November 2009 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 61% inflationary increase is applied to the most recent sale price for 5 PARK CLOSE of £117,000 on 3rd November 2009. For the value to have increased from £117,000 to £188,394 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 PARK CLOSE has moved in line with the HPI for semi-detached houses in the East Riding of Yorkshire local authority area.
• The November 2009 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARK CLOSE has not materially changed since November 2009.

How Large is 5 PARK CLOSE?

5 PARK CLOSE is 67m² according to the EPC inspection conducted in March 2009. 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 5 PARK CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 5 PARK CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Driffield.

5 PARK CLOSE: Plot and Title Map

5 PARK CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 5 PARK 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 PARK 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 PARK CLOSE?

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