56, SMITH LANE, BRADFORD, BD9 6DA - £445,500

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.

56 SMITH LANE is a very large extended detached house of 259m², built sometime between 1900 and 1929, which could now be worth an estimated £640,374. It was last sold for £445,500 in September 2017, which was around 91% above the average September 2017 detached price in the Bradford local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

56 SMITH LANE Sold Prices

Land registry data shows two sales for 56 SMITH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bradford local authority area for the corresponding sale date. Both of the two 56 SMITH LANE 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
2017 22 SEP	£445,500	£233,725	91% above HPI
2004 14 MAY	£410,000	£142,583	188% above HPI

56 SMITH LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bradford local authority area over time, sourced from the HPI. The two 56 SMITH LANE sales from May 2004 and September 2017 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 May 2004 sale was for 188% above the HPI. So the extrapolation line tracks at 188% above the HPI over time, until the September 2017 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 56 SMITH LANE be worth now?

56 SMITH LANE might now be worth an estimated £640,374.

This is based on house price inflation of 43.7%, between September 2017 and May 2026, for detached houses, in the Bradford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.7% inflationary increase is applied to the most recent sale price for 56 SMITH LANE of £445,500 on 22nd September 2017. For the value to have increased from £445,500 to £640,374 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 56 SMITH LANE has moved in line with the HPI for detached houses in the Bradford local authority area.
• The September 2017 sale price of £445,500 represented a fair market value for the property.
• The size, condition, and specification of 56 SMITH LANE has not materially changed since September 2017.

How Large is 56 SMITH LANE?

56 SMITH LANE is 259m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses houses in Bradford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bradford, and where 56 SMITH LANE lies on this distribution: 97% of detached houses houses are smaller than 56 SMITH LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Bradford.

56 SMITH LANE: Plot and Title Map

56 SMITH LANE sits on a plot of roughly 0.296 of an acre, or 1,196m². The below map shows the location of 56 SMITH 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 56 SMITH 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 56 SMITH LANE?

56 SMITH LANE is located in BRADFORD, in the BD9 postcode district. The below map shows the position of No. 56 on SMITH LANE.