4, SPRINGBANK MEWS, LOFTHOUSE, WAKEFIELD, WF3 3UZ - £139,500

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.

4 SPRINGBANK MEWS is a very small semi-detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £226,021. It was last sold for £139,500 in August 2010, which was around 16% above the average August 2010 semi-detached price in the Wakefield local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

4 SPRINGBANK MEWS Sold Prices

Land registry data shows three sales for 4 SPRINGBANK MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wakefield local authority area for the corresponding sale date. All of the three 4 SPRINGBANK MEWS 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
2010 17 AUG	£139,500	£120,258	16% above HPI
2003 28 NOV	£145,000	£90,123	61% above HPI
1996 30 AUG	£59,950	£43,032	39% above HPI

4 SPRINGBANK MEWS 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 three 4 SPRINGBANK MEWS sales between August 1996 and August 2010 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 November 2003 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the August 2010 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 4 SPRINGBANK MEWS be worth now?

4 SPRINGBANK MEWS might now be worth an estimated £226,021.

This is based on house price inflation of 62%, between August 2010 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 62% inflationary increase is applied to the most recent sale price for 4 SPRINGBANK MEWS of £139,500 on 17th August 2010. For the value to have increased from £139,500 to £226,021 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 4 SPRINGBANK MEWS has moved in line with the HPI for semi-detached houses in the Wakefield local authority area.
• The August 2010 sale price of £139,500 represented a fair market value for the property.
• The size, condition, and specification of 4 SPRINGBANK MEWS has not materially changed since August 2010.

How Large is 4 SPRINGBANK MEWS?

4 SPRINGBANK MEWS is 73m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% 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 4 SPRINGBANK MEWS lies on this distribution: 7% of semi-detached houses houses are smaller than 4 SPRINGBANK MEWS, and 93% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

4 SPRINGBANK MEWS: Plot and Title Map

4 SPRINGBANK MEWS sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 4 SPRINGBANK MEWS, 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 SPRINGBANK MEWS). 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 SPRINGBANK MEWS?

4 SPRINGBANK MEWS is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 4 on SPRINGBANK MEWS.