1, MILLCROFT CLOSE, LOFTHOUSE, WAKEFIELD, WF3 3TJ - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MILLCROFT CLOSE is a midsized detached house of 107m², built sometime between 1991 and 1995, which could now be worth an estimated £371,651. It was last sold for £220,000 in March 2011, which was around 20% above the average March 2011 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

1 MILLCROFT CLOSE Sold Prices

Land registry data shows two sales for 1 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 1 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
2011 30 MAR	£220,000	£183,181	20% above HPI
1995 14 JUL	£102,500	£74,080	38% above HPI

1 MILLCROFT CLOSE 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 two 1 MILLCROFT CLOSE sales from July 1995 and March 2011 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 July 1995 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2011 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 1 MILLCROFT CLOSE be worth now?

1 MILLCROFT CLOSE might now be worth an estimated £371,651.

This is based on house price inflation of 68.9%, between March 2011 and December 2024, 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 68.9% inflationary increase is applied to the most recent sale price for 1 MILLCROFT CLOSE of £220,000 on 30th March 2011. For the value to have increased from £220,000 to £371,651 over the twelve years and three months to December 2024, the following assumptions must hold true:

• The value of 1 MILLCROFT CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The March 2011 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILLCROFT CLOSE has not materially changed since March 2011.

How Large is 1 MILLCROFT CLOSE?

1 MILLCROFT CLOSE is 107m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 50% of detached houses houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wakefield, and where 1 MILLCROFT CLOSE lies on this distribution: 43% of detached houses houses are smaller than 1 MILLCROFT CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

1 MILLCROFT CLOSE: Plot and Title Map

1 MILLCROFT CLOSE sits on a plot of roughly 192.6 acres, or 779,438m². The below map shows the location of 1 MILLCROFT CLOSE, 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 1 MILLCROFT CLOSE). 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 1 MILLCROFT CLOSE?

1 MILLCROFT CLOSE is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 1 on MILLCROFT CLOSE.