5, WELLS DRIVE, HAMBLETON, SELBY, YO8 9GP - £245,000

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 WELLS DRIVE is a small terraced house of 109m², built sometime between 2007 and 2011, which could now be worth an estimated £249,620. It was last sold for £245,000 in September 2023, which was around 14% above the average September 2023 terraced price in the North Yorkshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was B, and the potential energy rating was B.

5 WELLS DRIVE Sold Prices

Land registry data shows four sales for 5 WELLS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Yorkshire local authority area for the corresponding sale date. All of the four 5 WELLS DRIVE 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
2023 8 SEP	£245,000	£214,307	14% above HPI
2015 24 JUL	£165,000	£158,306	4% above HPI
2015 5 JUN	£183,000	£156,215	17% above HPI
2008 25 APR	£214,999	£155,576	38% above HPI

5 WELLS DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Yorkshire local authority area over time, sourced from the HPI. The four 5 WELLS DRIVE sales between April 2008 and September 2023 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 July 2015 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 5 WELLS DRIVE be worth now?

5 WELLS DRIVE might now be worth an estimated £249,620.

This is based on house price inflation of 1.9%, between September 2023 and May 2026, for terraced houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% inflationary increase is applied to the most recent sale price for 5 WELLS DRIVE of £245,000 on 8th September 2023. For the value to have increased from £245,000 to £249,620 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 5 WELLS DRIVE has moved in line with the HPI for terraced houses in the North Yorkshire local authority area.
• The September 2023 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WELLS DRIVE has not materially changed since September 2023.

How Large is 5 WELLS DRIVE?

5 WELLS DRIVE is 109m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of terraced houses houses in Hambleton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hambleton, and where 5 WELLS DRIVE lies on this distribution: 34% of terraced houses houses are smaller than 5 WELLS DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Hambleton.

5 WELLS DRIVE: Plot and Title Map

5 WELLS DRIVE sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 5 WELLS DRIVE, 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 WELLS DRIVE). 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 WELLS DRIVE?

5 WELLS DRIVE is located in HAMBLETON, in the YO8 postcode district. The below map shows the position of No. 5 on WELLS DRIVE.