8, SPRING LANE, NEW CROFTON, WAKEFIELD, WF4 1JS - £142,000

8 SPRING LANE is a very small extended detached house of 76m², built sometime between 1996 and 2002. It was last sold for £142,000 in March 2014, which was around 25% below the average March 2014 detached price in the Wakefield local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

8 SPRING LANE Sold Prices

Land registry data shows three sales for 8 SPRING LANE 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. All of the three 8 SPRING 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
2014 14 MAR	£142,000	£189,761	25% below HPI
2005 21 JAN	£132,500	£185,455	29% below HPI
2002 7 OCT	£93,500	£118,389	21% below HPI

8 SPRING 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 three 8 SPRING LANE sales between October 2002 and March 2014 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 January 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 SPRING LANE?

8 SPRING LANE is 76m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Crofton, based on EPC data. The below chart shows the distribution of detached houses by size in Crofton, and where 8 SPRING LANE lies on this distribution: 12% of detached houses are smaller than 8 SPRING LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Crofton.

8 SPRING LANE: Plot and Title Map

8 SPRING LANE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 8 SPRING 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 SPRING 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 SPRING LANE?

8 SPRING LANE is located in NEW CROFTON, in the WF4 postcode district. The below map shows the position of No. 8 on SPRING LANE.