2, ELM MEWS, HORBURY, WAKEFIELD, WF4 5HB - £175,000

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.

2 ELM MEWS is a very small detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £238,755. It was last sold for £175,000 in October 2018, which was around 23% below the average October 2018 detached price in the Wakefield local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was B.

2 ELM MEWS Sold Prices

Land registry data shows two sales for 2 ELM MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. Both of the two 2 ELM MEWS sales were for below 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
2018 4 OCT	£175,000	£228,379	23% below HPI
2002 28 JUN	£90,000	£104,465	14% below HPI

2 ELM MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wakefield local authority area over time, sourced from the HPI. The two 2 ELM MEWS sales from June 2002 and October 2018 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 June 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 ELM MEWS be worth now?

2 ELM MEWS might now be worth an estimated £238,755.

This is based on house price inflation of 36.4%, between October 2018 and June 2025, for 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 36.4% inflationary increase is applied to the most recent sale price for 2 ELM MEWS of £175,000 on 4th October 2018. For the value to have increased from £175,000 to £238,755 over the seven years and four months to June 2025, the following assumptions must hold true:

• The value of 2 ELM MEWS has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The October 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELM MEWS has not materially changed since October 2018.

How Large is 2 ELM MEWS?

2 ELM MEWS is 73m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses houses in Horbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horbury, and where 2 ELM MEWS lies on this distribution: 9% of detached houses houses are smaller than 2 ELM MEWS, and 90% of houses are larger. Note that EPC data is not available for all properties in Horbury.

2 ELM MEWS: Plot and Title Map

2 ELM MEWS sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 2 ELM MEWS, 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 2 ELM MEWS). 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 2 ELM MEWS?

2 ELM MEWS is located in HORBURY, in the WF4 postcode district. The below map shows the position of No. 2 on ELM MEWS.