8, FIELD LANE, OSSETT, WF5 9DZ - £162,500

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.

8 FIELD LANE is a very small extended semi-detached house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £217,953. It was last sold for £162,500 in September 2020, which was around 12% above the average September 2020 semi-detached price in the Wakefield local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

8 FIELD LANE Sold Prices

Land registry data shows three sales for 8 FIELD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wakefield local authority area for the corresponding sale date. One of the three 8 FIELD LANE sales was for above the average price, whilst two 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 4 SEP	£162,500	£145,271	12% above HPI
2016 5 AUG	£124,000	£128,081	3% below HPI
2010 25 JUN	£85,000	£116,428	27% below HPI

8 FIELD LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wakefield local authority area over time, sourced from the HPI. The three 8 FIELD LANE sales between June 2010 and September 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 August 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 FIELD LANE be worth now?

8 FIELD LANE might now be worth an estimated £217,953.

This is based on house price inflation of 34.1%, between September 2020 and February 2025, for semi-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 34.1% inflationary increase is applied to the most recent sale price for 8 FIELD LANE of £162,500 on 4th September 2020. For the value to have increased from £162,500 to £217,953 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 FIELD LANE has moved in line with the HPI for semi-detached houses in the Wakefield local authority area.
• The September 2020 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 8 FIELD LANE has not materially changed since September 2020.

How Large is 8 FIELD LANE?

8 FIELD LANE is 74m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of semi-detached houses houses in Ossett, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ossett, and where 8 FIELD LANE lies on this distribution: 12% of semi-detached houses houses are smaller than 8 FIELD LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Ossett.

8 FIELD LANE: Plot and Title Map

8 FIELD LANE sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 8 FIELD 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 8 FIELD 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 8 FIELD LANE?

8 FIELD LANE is located in OSSETT, in the WF5 postcode district. The below map shows the position of No. 8 on FIELD LANE.