7, OLD MOUNT FARM, WOOLLEY, WAKEFIELD, WF4 2LD - £225,000

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.

7 OLD MOUNT FARM is a very small extended terraced house of 131m², built sometime between 1991 and 1995, which could now be worth an estimated £347,375. It was last sold for £225,000 in April 2017, which was around 121% above the average April 2017 terraced price in the Wakefield local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

7 OLD MOUNT FARM Sold Prices

Land registry data shows two sales for 7 OLD MOUNT FARM 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. Both of the two 7 OLD MOUNT FARM 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 13 APR	£225,000	£101,798	121% above HPI
1999 29 JAN	£145,000	£34,275	323% above HPI

7 OLD MOUNT FARM 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 7 OLD MOUNT FARM sales from January 1999 and April 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 January 1999 sale was for 323% above the HPI. So the extrapolation line tracks at 323% above the HPI over time, until the April 2017 sale, where it falls to 121% above the HPI. The line then continues to track at 121% above the HPI.

What might 7 OLD MOUNT FARM be worth now?

7 OLD MOUNT FARM might now be worth an estimated £347,375.

This is based on house price inflation of 54.4%, between April 2017 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 54.4% inflationary increase is applied to the most recent sale price for 7 OLD MOUNT FARM of £225,000 on 13th April 2017. For the value to have increased from £225,000 to £347,375 over the nine years to April 2026, the following assumptions must hold true:

• The value of 7 OLD MOUNT FARM has moved in line with the HPI for terraced houses in the Wakefield local authority area.
• The April 2017 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OLD MOUNT FARM has not materially changed since April 2017.

How Large is 7 OLD MOUNT FARM?

7 OLD MOUNT FARM is 131m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of terraced houses houses in Woolley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Woolley, and where 7 OLD MOUNT FARM lies on this distribution: 11% of terraced houses houses are smaller than 7 OLD MOUNT FARM, and 89% of houses are larger. Note that EPC data is not available for all properties in Woolley.

7 OLD MOUNT FARM: Plot and Title Map

7 OLD MOUNT FARM sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 7 OLD MOUNT FARM, 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 7 OLD MOUNT FARM). 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 7 OLD MOUNT FARM?

7 OLD MOUNT FARM is located in WOOLLEY, in the WF4 postcode district. The below map shows the position of No. 7 on OLD MOUNT FARM.