56, MILLFIELDS, OSSETT, WF5 8HE - £370,000

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.

56 MILLFIELDS is a very large extended detached house of 164m², built sometime between 1991 and 1995, which could now be worth an estimated £456,874. It was last sold for £370,000 in March 2021, which was around 46% above the average March 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was C.

56 MILLFIELDS Sold Prices

Land registry data shows two sales for 56 MILLFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. One of the two 56 MILLFIELDS sales was for above the average price, whilst the other was 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
2021 24 MAR	£370,000	£253,435	46% above HPI
2011 1 AUG	£184,000	£186,451	1% below HPI

56 MILLFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wakefield local authority area over time, sourced from the HPI. The two 56 MILLFIELDS sales from August 2011 and March 2021 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 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 56 MILLFIELDS be worth now?

56 MILLFIELDS might now be worth an estimated £456,874.

This is based on house price inflation of 23.5%, between March 2021 and April 2026, for 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 23.5% inflationary increase is applied to the most recent sale price for 56 MILLFIELDS of £370,000 on 24th March 2021. For the value to have increased from £370,000 to £456,874 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 56 MILLFIELDS has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The March 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 56 MILLFIELDS has not materially changed since March 2021.

How Large is 56 MILLFIELDS?

56 MILLFIELDS is 164m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 20% of detached houses houses in Ossett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ossett, and where 56 MILLFIELDS lies on this distribution: 85% of detached houses houses are smaller than 56 MILLFIELDS, and 15% of houses are larger. Note that EPC data is not available for all properties in Ossett.

56 MILLFIELDS: Plot and Title Map

56 MILLFIELDS sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 56 MILLFIELDS, 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 56 MILLFIELDS). 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 56 MILLFIELDS?

56 MILLFIELDS is located in OSSETT, in the WF5 postcode district. The below map shows the position of No. 56 on MILLFIELDS.