16, HAZEL BANK, WAKEFIELD, WF2 0FB - £93,750

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.

16 HAZEL BANK is a very small semi-detached house of 51m², built sometime between 1996 and 2002, which could now be worth an estimated £138,482. It was last sold for £93,750 in October 2017, which was around 30% below the average October 2017 semi-detached price in the Wakefield local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

16 HAZEL BANK Sold Prices

Land registry data shows two sales for 16 HAZEL BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wakefield local authority area for the corresponding sale date. One of the two 16 HAZEL BANK sales was for below the average price, whilst the other was 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
2017 6 OCT	£93,750	£134,445	30% below HPI
1999 20 MAY	£49,950	£45,415	10% above HPI

16 HAZEL BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wakefield local authority area over time, sourced from the HPI. The two 16 HAZEL BANK sales from May 1999 and October 2017 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 May 1999 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 16 HAZEL BANK be worth now?

16 HAZEL BANK might now be worth an estimated £138,482.

This is based on house price inflation of 47.7%, between October 2017 and May 2026, for semi-detached 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 47.7% inflationary increase is applied to the most recent sale price for 16 HAZEL BANK of £93,750 on 6th October 2017. For the value to have increased from £93,750 to £138,482 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 16 HAZEL BANK has moved in line with the HPI for semi-detached houses in the Wakefield local authority area.
• The October 2017 sale price of £93,750 represented a fair market value for the property.
• The size, condition, and specification of 16 HAZEL BANK has not materially changed since October 2017.

How Large is 16 HAZEL BANK?

16 HAZEL BANK is 51m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of semi-detached houses houses in Wakefield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wakefield, and where 16 HAZEL BANK lies on this distribution: 1% of semi-detached houses houses are smaller than 16 HAZEL BANK, and 99% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

16 HAZEL BANK: Plot and Title Map

16 HAZEL BANK sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 16 HAZEL BANK, 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 16 HAZEL BANK). 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 16 HAZEL BANK?

16 HAZEL BANK is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 16 on HAZEL BANK.