4, COMMON ING LANE, RYHILL, WAKEFIELD, WF4 2DF - £57,000

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.

4 COMMON ING LANE is a large terraced house of 121m², built sometime between 1930 and 1949, which could now be worth an estimated £92,686. It was last sold for £57,000 in May 2015, which was around 41% below the average May 2015 terraced price in the Wakefield local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

4 COMMON ING LANE Sold Prices

Land registry data shows two sales for 4 COMMON ING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wakefield local authority area for the corresponding sale date. Both of the two 4 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
2015 6 MAY	£57,000	£96,771	41% below HPI
2012 12 OCT	£50,000	£89,930	44% below HPI

4 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 two 4 COMMON ING LANE sales from October 2012 and May 2015 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 October 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2015 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 4 COMMON ING LANE be worth now?

4 COMMON ING LANE might now be worth an estimated £92,686.

This is based on house price inflation of 62.6%, between May 2015 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 62.6% inflationary increase is applied to the most recent sale price for 4 COMMON ING LANE of £57,000 on 6th May 2015. For the value to have increased from £57,000 to £92,686 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 4 COMMON ING LANE has moved in line with the HPI for terraced houses in the Wakefield local authority area.
• The May 2015 sale price of £57,000 represented a fair market value for the property.
• The size, condition, and specification of 4 COMMON ING LANE has not materially changed since May 2015.

How Large is 4 COMMON ING LANE?

4 COMMON ING LANE is 121m² according to the EPC inspection conducted in August 2014. This puts it in the largest 30% 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 4 COMMON ING LANE lies on this distribution: 77% of terraced houses houses are smaller than 4 COMMON ING LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Ryhill.

4 COMMON ING LANE: Plot and Title Map

4 COMMON ING LANE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 4 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 4 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 4 COMMON ING LANE?

4 COMMON ING LANE is located in RYHILL, in the WF4 postcode district. The below map shows the position of No. 4 on COMMON ING LANE.