8, MILLCROFT, LOFTHOUSE, WAKEFIELD, WF3 3TH - £185,000

8 MILLCROFT is a very small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £185,000 in March 2017, which was around 15% below the average March 2017 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 MILLCROFT Sold Prices

Land registry data shows three sales for 8 MILLCROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. Two of the three 8 MILLCROFT sales were for below the average price, whilst one was 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 23 MAR	£185,000	£216,846	15% below HPI
2000 19 APR	£79,995	£84,062	5% below HPI
1996 24 MAY	£87,250	£75,072	16% above HPI

8 MILLCROFT 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 three 8 MILLCROFT sales between May 1996 and March 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 April 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 MILLCROFT?

8 MILLCROFT is 86m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 8 MILLCROFT lies on this distribution: 17% of detached houses are smaller than 8 MILLCROFT, and 82% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

8 MILLCROFT: Plot and Title Map

8 MILLCROFT sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 8 MILLCROFT, 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 MILLCROFT). 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 MILLCROFT?

8 MILLCROFT is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 8 on MILLCROFT.