72, NELL GAP LANE, MIDDLESTOWN, WAKEFIELD, WF4 4PQ - £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.

72 NELL GAP LANE is a small detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £302,271. It was last sold for £225,000 in March 2020, which was around 3% below the average March 2020 detached price in the Wakefield local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

72 NELL GAP LANE Sold Prices

Land registry data shows four sales for 72 NELL GAP LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. Most of the four 72 NELL GAP LANE sales were 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
2020 20 MAR	£225,000	£232,643	3% below HPI
2017 3 MAR	£195,000	£208,444	6% below HPI
2017 23 FEB	£195,000	£209,040	7% below HPI
2001 31 JUL	£89,950	£89,248	1% above HPI

72 NELL GAP LANE 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 four 72 NELL GAP LANE sales between July 2001 and March 2020 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 March 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 72 NELL GAP LANE be worth now?

72 NELL GAP LANE might now be worth an estimated £302,271.

This is based on house price inflation of 34.3%, between March 2020 and May 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 34.3% inflationary increase is applied to the most recent sale price for 72 NELL GAP LANE of £225,000 on 20th March 2020. For the value to have increased from £225,000 to £302,271 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 72 NELL GAP LANE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The March 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 72 NELL GAP LANE has not materially changed since March 2020.

How Large is 72 NELL GAP LANE?

72 NELL GAP LANE is 98m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses houses in Middlestown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middlestown, and where 72 NELL GAP LANE lies on this distribution: 22% of detached houses houses are smaller than 72 NELL GAP LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Middlestown.

72 NELL GAP LANE: Plot and Title Map

72 NELL GAP LANE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 72 NELL GAP 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 72 NELL GAP 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 72 NELL GAP LANE?

72 NELL GAP LANE is located in MIDDLESTOWN, in the WF4 postcode district. The below map shows the position of No. 72 on NELL GAP LANE.