9, WELLS DRIVE, HAMBLETON, SELBY, YO8 9GP - £175,000

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.

9 WELLS DRIVE is a very small terraced house of 78m², built sometime between 2007 and 2011, which could now be worth an estimated £203,307. It was last sold for £175,000 in January 2021, which was around 7% below the average January 2021 terraced price in the North Yorkshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

9 WELLS DRIVE Sold Prices

Land registry data shows four sales for 9 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. two of the four 9 WELLS DRIVE sales were for below the average price, and four 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
2021 21 JAN	£175,000	£187,947	7% below HPI
2020 5 NOV	£180,000	£183,563	2% below HPI
2016 9 SEP	£173,000	£162,986	6% above HPI
2009 22 MAY	£159,950	£133,534	20% above HPI

9 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 9 WELLS DRIVE sales between May 2009 and January 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 November 2020 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 9 WELLS DRIVE be worth now?

9 WELLS DRIVE might now be worth an estimated £203,307.

This is based on house price inflation of 16.2%, between January 2021 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 16.2% inflationary increase is applied to the most recent sale price for 9 WELLS DRIVE of £175,000 on 21st January 2021. For the value to have increased from £175,000 to £203,307 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 9 WELLS DRIVE has moved in line with the HPI for terraced houses in the North Yorkshire local authority area.
• The January 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WELLS DRIVE has not materially changed since January 2021.

How Large is 9 WELLS DRIVE?

9 WELLS DRIVE is 78m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% 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 9 WELLS DRIVE lies on this distribution: 6% of terraced houses houses are smaller than 9 WELLS DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hambleton.

9 WELLS DRIVE: Plot and Title Map

9 WELLS DRIVE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 9 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 9 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 9 WELLS DRIVE?

9 WELLS DRIVE is located in HAMBLETON, in the YO8 postcode district. The below map shows the position of No. 9 on WELLS DRIVE.