8, SPRING CLOSE, DRIFFIELD, YO25 5YR - £278,000

8 SPRING CLOSE is a very small detached house of 78m², built sometime between 2003 and 2006. It was last sold for £278,000 in July 2021, which was around 5% below the average July 2021 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

8 SPRING CLOSE Sold Prices

Land registry data shows three sales for 8 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the three 8 SPRING 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
2021 23 JUL	£278,000	£291,643	5% below HPI
2007 26 OCT	£205,000	£228,114	10% below HPI
2005 15 JUL	£180,000	£201,830	11% below HPI

8 SPRING CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The three 8 SPRING CLOSE sales between July 2005 and July 2021 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 October 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 SPRING CLOSE?

8 SPRING CLOSE is 78m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses in Driffield, based on EPC data. The below chart shows the distribution of detached houses by size in Driffield, and where 8 SPRING CLOSE lies on this distribution: 17% of detached houses are smaller than 8 SPRING CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Driffield.

8 SPRING CLOSE: Plot and Title Map

8 SPRING CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 8 SPRING 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 8 SPRING 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 8 SPRING CLOSE?

8 SPRING CLOSE is located in DRIFFIELD, in the YO25 postcode district. The below map shows the position of No. 8 on SPRING CLOSE.