2, RIDINGS WAY, LOFTHOUSE GATE, WAKEFIELD, WF3 3SJ - £327,500

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 RIDINGS WAY is a large semi-detached house of 124m², built sometime between 1991 and 1995, which could now be worth an estimated £473,100. It was last sold for £327,500 in June 2018, which was around 143% above the average June 2018 semi-detached price in the Wakefield local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

2 RIDINGS WAY Sold Prices

Land registry data shows two sales for 2 RIDINGS WAY 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. Both of the two 2 RIDINGS 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
2018 1 JUN	£327,500	£134,880	143% above HPI
1998 27 MAY	£109,950	£44,528	147% above HPI

2 RIDINGS WAY 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 2 RIDINGS WAY sales from May 1998 and June 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 May 1998 sale was for 147% above the HPI. So the extrapolation line tracks at 147% above the HPI over time, until the June 2018 sale, where it falls to 143% above the HPI. The line then continues to track at 143% above the HPI.

What might 2 RIDINGS WAY be worth now?

2 RIDINGS WAY might now be worth an estimated £473,100.

This is based on house price inflation of 44.5%, between June 2018 and February 2025, 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 44.5% inflationary increase is applied to the most recent sale price for 2 RIDINGS WAY of £327,500 on 1st June 2018. For the value to have increased from £327,500 to £473,100 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 2 RIDINGS WAY has moved in line with the HPI for semi-detached houses in the Wakefield local authority area.
• The June 2018 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 2 RIDINGS WAY has not materially changed since June 2018.

How Large is 2 RIDINGS WAY?

2 RIDINGS WAY is 124m² according to the EPC inspection conducted in February 2012. This puts it in the largest 40% 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 2 RIDINGS WAY lies on this distribution: 62% of semi-detached houses houses are smaller than 2 RIDINGS WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

2 RIDINGS WAY: Plot and Title Map

2 RIDINGS WAY sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 2 RIDINGS 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 2 RIDINGS 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 2 RIDINGS WAY?

2 RIDINGS WAY is located in LOFTHOUSE GATE, in the WF3 postcode district. The below map shows the position of No. 2 on RIDINGS WAY.