15, PADGETT WAY, WAKEFIELD, WF2 9UG - £185,000

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.

15 PADGETT WAY is a small extended terraced house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £224,839. It was last sold for £185,000 in May 2021, which was around 43% above the average May 2021 terraced price in the Wakefield local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

15 PADGETT WAY Sold Prices

Land registry data shows three sales for 15 PADGETT WAY 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 15 PADGETT WAY 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
2021 7 MAY	£185,000	£129,475	43% above HPI
2016 15 JUL	£159,950	£102,338	56% above HPI
2002 30 OCT	£103,495	£49,160	111% above HPI

15 PADGETT WAY 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 15 PADGETT WAY sales between October 2002 and May 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 July 2016 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the May 2021 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 15 PADGETT WAY be worth now?

15 PADGETT WAY might now be worth an estimated £224,839.

This is based on house price inflation of 21.5%, between May 2021 and May 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 21.5% inflationary increase is applied to the most recent sale price for 15 PADGETT WAY of £185,000 on 7th May 2021. For the value to have increased from £185,000 to £224,839 over the five years to May 2026, the following assumptions must hold true:

• The value of 15 PADGETT WAY has moved in line with the HPI for terraced houses in the Wakefield local authority area.
• The May 2021 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PADGETT WAY has not materially changed since May 2021.

How Large is 15 PADGETT WAY?

15 PADGETT WAY is 106m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 40% 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 15 PADGETT WAY lies on this distribution: 39% of terraced houses houses are smaller than 15 PADGETT WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

15 PADGETT WAY: Plot and Title Map

15 PADGETT WAY sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 15 PADGETT WAY, 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 15 PADGETT WAY). 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 15 PADGETT WAY?

15 PADGETT WAY is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 15 on PADGETT WAY.