7, VESPER DRIVE, YORK, YO24 3HT - £410,000

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.

7 VESPER DRIVE is a midsized extended detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £515,845. It was last sold for £410,000 in August 2018, which was around 2% above the average August 2018 detached price in the York local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

7 VESPER DRIVE Sold Prices

Land registry data shows two sales for 7 VESPER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the York local authority area for the corresponding sale date. One of the two 7 VESPER DRIVE sales was for above the average price, whilst the other was 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
2018 17 AUG	£410,000	£403,349	2% above HPI
2006 18 DEC	£290,000	£292,473	1% below HPI

7 VESPER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the York local authority area over time, sourced from the HPI. The two 7 VESPER DRIVE sales from December 2006 and August 2018 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 December 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 7 VESPER DRIVE be worth now?

7 VESPER DRIVE might now be worth an estimated £515,845.

This is based on house price inflation of 25.8%, between August 2018 and May 2026, for detached houses, in the York local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.8% inflationary increase is applied to the most recent sale price for 7 VESPER DRIVE of £410,000 on 17th August 2018. For the value to have increased from £410,000 to £515,845 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 7 VESPER DRIVE has moved in line with the HPI for detached houses in the York local authority area.
• The August 2018 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 7 VESPER DRIVE has not materially changed since August 2018.

How Large is 7 VESPER DRIVE?

7 VESPER DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses houses in York, based on EPC data. The below chart shows the distribution of detached houses houses by size in York, and where 7 VESPER DRIVE lies on this distribution: 54% of detached houses houses are smaller than 7 VESPER DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in York.

7 VESPER DRIVE: Plot and Title Map

7 VESPER DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 7 VESPER 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 7 VESPER 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 7 VESPER DRIVE?

7 VESPER DRIVE is located in YORK, in the YO24 postcode district. The below map shows the position of No. 7 on VESPER DRIVE.