16, WARD LANE, STANLEY, WAKEFIELD, WF3 4LU - £104,000

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.

16 WARD LANE is a very small extended terraced house of 71m², built sometime between 1900 and 1929, which could now be worth an estimated £144,335. It was last sold for £104,000 in April 2020, which was around 8% below the average April 2020 terraced price in the Wakefield local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was C.

16 WARD LANE Sold Prices

Land registry data shows three sales for 16 WARD LANE 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. Two of the three 16 WARD LANE sales were for below the average price, whilst one 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
2020 30 APR	£104,000	£113,383	8% below HPI
2006 29 SEP	£110,000	£101,447	8% above HPI
1998 6 JUL	£32,995	£34,436	4% below HPI

16 WARD LANE 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 16 WARD LANE sales between July 1998 and April 2020 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 September 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 16 WARD LANE be worth now?

16 WARD LANE might now be worth an estimated £144,335.

This is based on house price inflation of 38.8%, between April 2020 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 38.8% inflationary increase is applied to the most recent sale price for 16 WARD LANE of £104,000 on 30th April 2020. For the value to have increased from £104,000 to £144,335 over the five years and eleven months to May 2026, the following assumptions must hold true:

• The value of 16 WARD LANE has moved in line with the HPI for terraced houses in the Wakefield local authority area.
• The April 2020 sale price of £104,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WARD LANE has not materially changed since April 2020.

How Large is 16 WARD LANE?

16 WARD LANE is 71m², which includes one extension, according to the EPC inspection conducted in December 2019. 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 16 WARD LANE lies on this distribution: 6% of terraced houses houses are smaller than 16 WARD LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

16 WARD LANE: Plot and Title Map

16 WARD LANE sits on a plot of roughly 0.019 of an acre, or 77m². The below map shows the location of 16 WARD LANE, 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 WARD LANE). 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 WARD LANE?

16 WARD LANE is located in STANLEY, in the WF3 postcode district. The below map shows the position of No. 16 on WARD LANE.