34, COMMON ING LANE, RYHILL, WAKEFIELD, WF4 2DF - £105,000

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.

34 COMMON ING LANE is a very small extended terraced house of 64m², built sometime between 1900 and 1929, which could now be worth an estimated £115,442. It was last sold for £105,000 in June 2022, which was around 27% below the average June 2022 terraced price in the Wakefield local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

34 COMMON ING LANE Sold Prices

Land registry data shows four sales for 34 COMMON ING LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Wakefield local authority area for the corresponding sale date. All of the four 34 COMMON ING LANE 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
2022 17 JUN	£105,000	£143,124	27% below HPI
2013 30 AUG	£79,000	£89,538	12% below HPI
2003 17 APR	£49,950	£57,811	14% below HPI
2001 23 FEB	£30,000	£37,051	19% below HPI

34 COMMON ING 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 four 34 COMMON ING LANE sales between February 2001 and June 2022 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 August 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 34 COMMON ING LANE be worth now?

34 COMMON ING LANE might now be worth an estimated £115,442.

This is based on house price inflation of 9.9%, between June 2022 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 9.9% inflationary increase is applied to the most recent sale price for 34 COMMON ING LANE of £105,000 on 17th June 2022. For the value to have increased from £105,000 to £115,442 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 34 COMMON ING LANE has moved in line with the HPI for terraced houses in the Wakefield local authority area.
• The June 2022 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 34 COMMON ING LANE has not materially changed since June 2022.

How Large is 34 COMMON ING LANE?

34 COMMON ING LANE is 64m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of terraced houses houses in Ryhill, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ryhill, and where 34 COMMON ING LANE lies on this distribution: 10% of terraced houses houses are smaller than 34 COMMON ING LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ryhill.

34 COMMON ING LANE: Plot and Title Map

34 COMMON ING LANE sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 34 COMMON ING 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 34 COMMON ING 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 34 COMMON ING LANE?

34 COMMON ING LANE is located in RYHILL, in the WF4 postcode district. The below map shows the position of No. 34 on COMMON ING LANE.