8, CHERRY DRIVE, NAFFERTON, DRIFFIELD, YO25 4LY - £114,000

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.

8 CHERRY DRIVE is a very small semi-detached house of 52m², built sometime between 1967 and 1975, which could now be worth an estimated £149,211. It was last sold for £114,000 in November 2018, which was around 30% below the average November 2018 semi-detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

8 CHERRY DRIVE Sold Prices

Land registry data shows four sales for 8 CHERRY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the four 8 CHERRY DRIVE 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
2018 23 NOV	£114,000	£163,301	30% below HPI
2012 10 FEB	£104,000	£129,037	19% below HPI
2002 17 MAY	£59,000	£66,814	12% below HPI
1999 28 MAY	£42,500	£47,546	11% below HPI

8 CHERRY DRIVE 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 four 8 CHERRY DRIVE sales between May 1999 and November 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 February 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 8 CHERRY DRIVE be worth now?

8 CHERRY DRIVE might now be worth an estimated £149,211.

This is based on house price inflation of 30.9%, between November 2018 and May 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 30.9% inflationary increase is applied to the most recent sale price for 8 CHERRY DRIVE of £114,000 on 23rd November 2018. For the value to have increased from £114,000 to £149,211 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 8 CHERRY DRIVE has moved in line with the HPI for semi-detached houses in the East Riding of Yorkshire local authority area.
• The November 2018 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHERRY DRIVE has not materially changed since November 2018.

How Large is 8 CHERRY DRIVE?

8 CHERRY DRIVE is 52m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of semi-detached houses houses in Nafferton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nafferton, and where 8 CHERRY DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 8 CHERRY DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Nafferton.

8 CHERRY DRIVE: Plot and Title Map

8 CHERRY DRIVE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 8 CHERRY 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 8 CHERRY 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 8 CHERRY DRIVE?

8 CHERRY DRIVE is located in NAFFERTON, in the YO25 postcode district. The below map shows the position of No. 8 on CHERRY DRIVE.