6, HAZEL BANK, WAKEFIELD, WF2 0FB - £88,500

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.

6 HAZEL BANK is a very small terraced house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £109,706. It was last sold for £88,500 in March 2021, which was around 30% below the average March 2021 terraced price in the Wakefield local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

6 HAZEL BANK Sold Prices

Land registry data shows two sales for 6 HAZEL BANK 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. One of the two 6 HAZEL BANK sales was for below the average price, whilst the other was 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
2021 31 MAR	£88,500	£126,940	30% below HPI
2001 3 AUG	£46,875	£39,220	20% above HPI

6 HAZEL BANK 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 6 HAZEL BANK sales from August 2001 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 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 6 HAZEL BANK be worth now?

6 HAZEL BANK might now be worth an estimated £109,706.

This is based on house price inflation of 24%, between March 2021 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 24% inflationary increase is applied to the most recent sale price for 6 HAZEL BANK of £88,500 on 31st March 2021. For the value to have increased from £88,500 to £109,706 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 6 HAZEL BANK has moved in line with the HPI for terraced houses in the Wakefield local authority area.
• The March 2021 sale price of £88,500 represented a fair market value for the property.
• The size, condition, and specification of 6 HAZEL BANK has not materially changed since March 2021.

How Large is 6 HAZEL BANK?

6 HAZEL BANK is 54m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of terraced houses houses in Wakefield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wakefield, and where 6 HAZEL BANK lies on this distribution: 1% of terraced houses houses are smaller than 6 HAZEL BANK, and 99% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

6 HAZEL BANK: Plot and Title Map

6 HAZEL BANK sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 6 HAZEL BANK, 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 6 HAZEL BANK). 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 6 HAZEL BANK?

6 HAZEL BANK is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 6 on HAZEL BANK.