8, WELLS DRIVE, HAMBLETON, SELBY, YO8 9GP - £227,500

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 WELLS DRIVE is a very small semi-detached house of 74m², built sometime between 2007 and 2011, which could now be worth an estimated £256,250. It was last sold for £227,500 in December 2021, which was around 5% below the average December 2021 semi-detached price in the North Yorkshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

8 WELLS DRIVE Sold Prices

Land registry data shows three sales for 8 WELLS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Yorkshire local authority area for the corresponding sale date. All of the three 8 WELLS 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
2021 13 DEC	£227,500	£239,794	5% below HPI
2016 30 SEP	£175,000	£196,521	11% below HPI
2009 4 DEC	£159,995	£173,006	8% below HPI

8 WELLS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The three 8 WELLS DRIVE sales between December 2009 and December 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 September 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 8 WELLS DRIVE be worth now?

8 WELLS DRIVE might now be worth an estimated £256,250.

This is based on house price inflation of 12.6%, between December 2021 and May 2026, for semi-detached 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 12.6% inflationary increase is applied to the most recent sale price for 8 WELLS DRIVE of £227,500 on 13th December 2021. For the value to have increased from £227,500 to £256,250 over the five years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 WELLS DRIVE has moved in line with the HPI for semi-detached houses in the North Yorkshire local authority area.
• The December 2021 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 8 WELLS DRIVE has not materially changed since December 2021.

How Large is 8 WELLS DRIVE?

8 WELLS DRIVE is 74m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of semi-detached houses houses in Hambleton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hambleton, and where 8 WELLS DRIVE lies on this distribution: 4% of semi-detached houses houses are smaller than 8 WELLS DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Hambleton.

8 WELLS DRIVE: Plot and Title Map

8 WELLS DRIVE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 8 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 8 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 8 WELLS DRIVE?

8 WELLS DRIVE is located in HAMBLETON, in the YO8 postcode district. The below map shows the position of No. 8 on WELLS DRIVE.