6, THE GROVES, DRIFFIELD, YO25 5YZ - £295,000

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.

6 THE GROVES is a detached house, which could now be worth an estimated £450,739. It was last sold for £295,000 in May 2007, which was around 34% above the average May 2007 detached price in the East Riding of Yorkshire local authority area.

6 THE GROVES Sold Prices

Land registry data shows two sales for 6 THE GROVES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. Both of the two 6 THE GROVES sales 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
2007 24 MAY	£295,000	£220,876	34% above HPI
2004 8 APR	£245,000	£171,066	43% above HPI

What might 6 THE GROVES be worth now?

6 THE GROVES might now be worth an estimated £450,739.

This is based on house price inflation of 52.8%, between May 2007 and May 2026, for 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 52.8% inflationary increase is applied to the most recent sale price for 6 THE GROVES of £295,000 on 24th May 2007. For the value to have increased from £295,000 to £450,739 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 6 THE GROVES has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The May 2007 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE GROVES has not materially changed since May 2007.

Where is 6 THE GROVES?

6 THE GROVES is located in DRIFFIELD, in the YO25 postcode district.