57, NORTH BAILEYGATE, PONTEFRACT, WF8 2JG - £184,000

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.

57 NORTH BAILEYGATE is a large detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £264,537. It was last sold for £184,000 in July 2017, which was around 15% below the average July 2017 detached price in the Wakefield local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

57 NORTH BAILEYGATE Sold Prices

Land registry data shows three sales for 57 NORTH BAILEYGATE 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. The three 57 NORTH BAILEYGATE sales were a mix of below the average price, roughly equal to the average price, and 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 7 JUL	£184,000	£217,388	15% below HPI
2006 18 DEC	£200,000	£200,970	Close to HPI
2004 16 DEC	£194,995	£179,710	9% above HPI

57 NORTH BAILEYGATE 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 57 NORTH BAILEYGATE sales between December 2004 and July 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 December 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 57 NORTH BAILEYGATE be worth now?

57 NORTH BAILEYGATE might now be worth an estimated £264,537.

This is based on house price inflation of 43.8%, between July 2017 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 43.8% inflationary increase is applied to the most recent sale price for 57 NORTH BAILEYGATE of £184,000 on 7th July 2017. For the value to have increased from £184,000 to £264,537 over the nine years and two months to May 2026, the following assumptions must hold true:

• The value of 57 NORTH BAILEYGATE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The July 2017 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of 57 NORTH BAILEYGATE has not materially changed since July 2017.

How Large is 57 NORTH BAILEYGATE?

57 NORTH BAILEYGATE is 115m² according to the EPC inspection conducted in November 2015. This puts it in the largest 40% of detached houses in Pontefract, based on EPC data. The below chart shows the distribution of detached houses by size in Pontefract, and where 57 NORTH BAILEYGATE lies on this distribution: 60% of detached houses are smaller than 57 NORTH BAILEYGATE, and 39% of detached houses are larger. Note that EPC data is not available for all properties in Pontefract.

Where is 57 NORTH BAILEYGATE?

57 NORTH BAILEYGATE is located in PONTEFRACT, in the WF8 postcode district.