3, MILLCROFT CLOSE, LOFTHOUSE, WAKEFIELD, WF3 3TJ - £120,000

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.

3 MILLCROFT CLOSE is a detached house, which could now be worth an estimated £364,580. It was last sold for £120,000 in May 2002, which was around 17% above the average May 2002 detached price in the Wakefield local authority area.

3 MILLCROFT CLOSE Sold Prices

Land registry data shows two sales for 3 MILLCROFT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. Both of the two 3 MILLCROFT CLOSE 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
2002 31 MAY	£120,000	£102,871	17% above HPI
1995 23 JUN	£107,500	£73,988	45% above HPI

What might 3 MILLCROFT CLOSE be worth now?

3 MILLCROFT CLOSE might now be worth an estimated £364,580.

This is based on house price inflation of 203.8%, between May 2002 and May 2026, 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 203.8% inflationary increase is applied to the most recent sale price for 3 MILLCROFT CLOSE of £120,000 on 31st May 2002. For the value to have increased from £120,000 to £364,580 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 3 MILLCROFT CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The May 2002 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILLCROFT CLOSE has not materially changed since May 2002.

Where is 3 MILLCROFT CLOSE?

3 MILLCROFT CLOSE is located in LOFTHOUSE, in the WF3 postcode district.