1, SPRINGFIELD CRESCENT, LOFTHOUSE, WAKEFIELD, WF3 3FQ - £195,000

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.

1 SPRINGFIELD CRESCENT is a very small terraced house of 59m², built sometime from 2012 onwards, which could now be worth an estimated £208,720. It was last sold for £195,000 in April 2024, which was around 33% above the average April 2024 terraced price in the Wakefield local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

1 SPRINGFIELD CRESCENT Sold Prices

Land registry data shows three sales for 1 SPRINGFIELD CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wakefield local authority area for the corresponding sale date. All of the three 1 SPRINGFIELD CRESCENT 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
2024 15 APR	£195,000	£146,834	33% above HPI
2016 24 MAR	£138,000	£98,527	40% above HPI
2013 24 MAY	£130,000	£88,841	46% above HPI

1 SPRINGFIELD CRESCENT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wakefield local authority area over time, sourced from the HPI. The three 1 SPRINGFIELD CRESCENT sales between May 2013 and April 2024 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 March 2016 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the April 2024 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 1 SPRINGFIELD CRESCENT be worth now?

1 SPRINGFIELD CRESCENT might now be worth an estimated £208,720.

This is based on house price inflation of 7%, between April 2024 and April 2026, for terraced houses, in the Wakefield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 1 SPRINGFIELD CRESCENT of £195,000 on 15th April 2024. For the value to have increased from £195,000 to £208,720 over the two years to April 2026, the following assumptions must hold true:

• The value of 1 SPRINGFIELD CRESCENT has moved in line with the HPI for terraced houses in the Wakefield local authority area.
• The April 2024 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGFIELD CRESCENT has not materially changed since April 2024.

How Large is 1 SPRINGFIELD CRESCENT?

1 SPRINGFIELD CRESCENT is 59m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of terraced houses houses in Wakefield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wakefield, and where 1 SPRINGFIELD CRESCENT lies on this distribution: 2% of terraced houses houses are smaller than 1 SPRINGFIELD CRESCENT, and 98% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

1 SPRINGFIELD CRESCENT: Plot and Title Map

1 SPRINGFIELD CRESCENT sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 1 SPRINGFIELD CRESCENT, 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 1 SPRINGFIELD CRESCENT). 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 1 SPRINGFIELD CRESCENT?

1 SPRINGFIELD CRESCENT is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 1 on SPRINGFIELD CRESCENT.