4, NELL GAP LANE, MIDDLESTOWN, WAKEFIELD, WF4 4PH - £140,000

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 NELL GAP LANE is a very small extended terraced house of 60m², built sometime between 1930 and 1949, which could now be worth an estimated £147,129. It was last sold for £140,000 in September 2022, which was around 6% below the average September 2022 terraced price in the Wakefield local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

4 NELL GAP LANE Sold Prices

Land registry data shows three sales for 4 NELL GAP LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wakefield local authority area for the corresponding sale date. One of the three 4 NELL GAP LANE sales was for below the average price, whilst two 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
2022 30 SEP	£140,000	£149,550	6% below HPI
2014 28 MAR	£100,000	£90,833	10% above HPI
2001 1 JUN	£47,500	£38,038	25% above HPI

4 NELL GAP 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 three 4 NELL GAP LANE sales between June 2001 and September 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 March 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 4 NELL GAP LANE be worth now?

4 NELL GAP LANE might now be worth an estimated £147,129.

This is based on house price inflation of 5.1%, between September 2022 and April 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 5.1% inflationary increase is applied to the most recent sale price for 4 NELL GAP LANE of £140,000 on 30th September 2022. For the value to have increased from £140,000 to £147,129 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 4 NELL GAP LANE has moved in line with the HPI for terraced houses in the Wakefield local authority area.
• The September 2022 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NELL GAP LANE has not materially changed since September 2022.

How Large is 4 NELL GAP LANE?

4 NELL GAP LANE is 60m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of terraced houses houses in Middlestown, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Middlestown, and where 4 NELL GAP LANE lies on this distribution: 2% of terraced houses houses are smaller than 4 NELL GAP LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Middlestown.

4 NELL GAP LANE: Plot and Title Map

4 NELL GAP LANE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 4 NELL GAP 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 NELL GAP 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 NELL GAP LANE?

4 NELL GAP LANE is located in MIDDLESTOWN, in the WF4 postcode district. The below map shows the position of No. 4 on NELL GAP LANE.