24, HOPEFIELD WAY, BRADFORD, BD5 8AA - £140,000

24 HOPEFIELD WAY is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £140,000 in May 2017, which was around 40% below the average May 2017 detached price in the Bradford local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

24 HOPEFIELD WAY Sold Prices

Land registry data shows five sales for 24 HOPEFIELD WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bradford local authority area for the corresponding sale date. All of the five 24 HOPEFIELD WAY 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
2017 26 MAY	£140,000	£232,399	40% below HPI
2012 11 MAY	£148,500	£200,124	26% below HPI
2004 23 APR	£124,000	£142,728	13% below HPI
2002 22 OCT	£84,950	£107,813	21% below HPI
1998 30 OCT	£75,995	£83,220	9% below HPI

24 HOPEFIELD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bradford local authority area over time, sourced from the HPI. The five 24 HOPEFIELD WAY sales between October 1998 and May 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 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 24 HOPEFIELD WAY?

24 HOPEFIELD WAY is 77m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% of detached houses in Bradford, based on EPC data. The below chart shows the distribution of detached houses by size in Bradford, and where 24 HOPEFIELD WAY lies on this distribution: 16% of detached houses are smaller than 24 HOPEFIELD WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Bradford.

24 HOPEFIELD WAY: Plot and Title Map

24 HOPEFIELD WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 24 HOPEFIELD 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 24 HOPEFIELD 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 24 HOPEFIELD WAY?

24 HOPEFIELD WAY is located in BRADFORD, in the BD5 postcode district. The below map shows the position of No. 24 on HOPEFIELD WAY.