4, SPRING LANE, NEW CROFTON, WAKEFIELD, WF4 1JS - £147,000

4 SPRING LANE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £147,000 in May 2010, which was around 24% below the average May 2010 detached price in the Wakefield local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

4 SPRING LANE Sold Prices

Land registry data shows three sales for 4 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 4 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
2010 28 MAY	£147,000	£194,011	24% below HPI
2004 28 MAY	£129,950	£168,810	23% below HPI
1997 27 MAR	£71,995	£76,757	6% below HPI

4 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 4 SPRING LANE sales between March 1997 and May 2010 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 May 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2010 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 SPRING LANE?

4 SPRING LANE is 69m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in Crofton, based on EPC data. The below chart shows the distribution of detached houses by size in Crofton, and where 4 SPRING LANE lies on this distribution: 8% of detached houses are smaller than 4 SPRING LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Crofton.

4 SPRING LANE: Plot and Title Map

4 SPRING LANE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 4 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 4 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 4 SPRING LANE?

4 SPRING LANE is located in NEW CROFTON, in the WF4 postcode district. The below map shows the position of No. 4 on SPRING LANE.