8, LAITHES CHASE, WAKEFIELD, WF2 9TW - £229,000

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 LAITHES CHASE is a very small extended detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £275,426. It was last sold for £229,000 in May 2021, which was around 11% below the average May 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

8 LAITHES CHASE Sold Prices

Land registry data shows five sales for 8 LAITHES CHASE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. Most of the five 8 LAITHES CHASE 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
2021 14 MAY	£229,000	£258,360	11% below HPI
2021 11 FEB	£245,000	£251,421	3% below HPI
2017 5 MAY	£184,000	£210,978	13% below HPI
2017 28 APR	£199,995	£209,453	5% below HPI
1998 22 MAY	£76,995	£76,379	1% above HPI

8 LAITHES CHASE 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 five 8 LAITHES CHASE sales between May 1998 and May 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 February 2021 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 LAITHES CHASE be worth now?

8 LAITHES CHASE might now be worth an estimated £275,426.

This is based on house price inflation of 20.3%, between May 2021 and October 2025, 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 20.3% inflationary increase is applied to the most recent sale price for 8 LAITHES CHASE of £229,000 on 14th May 2021. For the value to have increased from £229,000 to £275,426 over the three years and seven months to October 2025, the following assumptions must hold true:

• The value of 8 LAITHES CHASE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The May 2021 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LAITHES CHASE has not materially changed since May 2021.

How Large is 8 LAITHES CHASE?

8 LAITHES CHASE is 84m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wakefield, and where 8 LAITHES CHASE lies on this distribution: 15% of detached houses houses are smaller than 8 LAITHES CHASE, and 85% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

8 LAITHES CHASE: Plot and Title Map

8 LAITHES CHASE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 8 LAITHES CHASE, 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 LAITHES CHASE). 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 LAITHES CHASE?

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