8, CEDAR MEWS, WAKEFIELD, WF2 8WD - £216,000

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.

8 CEDAR MEWS is a small terraced house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £237,480. It was last sold for £216,000 in June 2022, which was around 51% above the average June 2022 terraced price in the Wakefield local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

8 CEDAR MEWS Sold Prices

Land registry data shows four sales for 8 CEDAR MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Wakefield local authority area for the corresponding sale date. All of the four 8 CEDAR MEWS 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
2022 15 JUN	£216,000	£143,124	51% above HPI
2021 1 APR	£180,000	£128,018	41% above HPI
2005 14 NOV	£175,000	£96,151	82% above HPI
2003 30 APR	£127,995	£57,811	121% above HPI

8 CEDAR MEWS 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 four 8 CEDAR MEWS sales between April 2003 and June 2022 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 April 2021 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2022 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 8 CEDAR MEWS be worth now?

8 CEDAR MEWS might now be worth an estimated £237,480.

This is based on house price inflation of 9.9%, between June 2022 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 9.9% inflationary increase is applied to the most recent sale price for 8 CEDAR MEWS of £216,000 on 15th June 2022. For the value to have increased from £216,000 to £237,480 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 8 CEDAR MEWS has moved in line with the HPI for terraced houses in the Wakefield local authority area.
• The June 2022 sale price of £216,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CEDAR MEWS has not materially changed since June 2022.

How Large is 8 CEDAR MEWS?

8 CEDAR MEWS is 98m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% 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 8 CEDAR MEWS lies on this distribution: 29% of terraced houses houses are smaller than 8 CEDAR MEWS, and 70% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

8 CEDAR MEWS: Plot and Title Map

8 CEDAR MEWS sits on a plot of roughly 35.5 acres, or 143,803m². The below map shows the location of 8 CEDAR MEWS, 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 8 CEDAR MEWS). 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 8 CEDAR MEWS?

8 CEDAR MEWS is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 8 on CEDAR MEWS.