1, SOWOOD LANE, OSSETT, WF5 0LE - £200,000

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.

1 SOWOOD LANE is a large detached house of 122m², built sometime before 1900, which could now be worth an estimated £210,251. It was last sold for £200,000 in February 2024, which was around 32% below the average February 2024 detached price in the Wakefield local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

1 SOWOOD LANE Sold Prices

Land registry data shows three sales for 1 SOWOOD 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. The three 1 SOWOOD LANE 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
2024 16 FEB	£200,000	£293,234	32% below HPI
2009 23 OCT	£190,000	£187,149	2% above HPI
1998 16 JUN	£76,000	£75,776	Close to HPI

1 SOWOOD 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 1 SOWOOD LANE sales between June 1998 and February 2024 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 October 2009 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 SOWOOD LANE be worth now?

1 SOWOOD LANE might now be worth an estimated £210,251.

This is based on house price inflation of 5.1%, between February 2024 and February 2025, 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 5.1% inflationary increase is applied to the most recent sale price for 1 SOWOOD LANE of £200,000 on 16th February 2024. For the value to have increased from £200,000 to £210,251 over the one year to February 2025, the following assumptions must hold true:

• The value of 1 SOWOOD LANE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The February 2024 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SOWOOD LANE has not materially changed since February 2024.

How Large is 1 SOWOOD LANE?

1 SOWOOD LANE is 122m² according to the EPC inspection conducted in November 2023. This puts it in the largest 40% of detached houses houses in Ossett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ossett, and where 1 SOWOOD LANE lies on this distribution: 62% of detached houses houses are smaller than 1 SOWOOD LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Ossett.

1 SOWOOD LANE: Plot and Title Map

1 SOWOOD LANE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 1 SOWOOD 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 1 SOWOOD 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 1 SOWOOD LANE?

1 SOWOOD LANE is located in OSSETT, in the WF5 postcode district. The below map shows the position of No. 1 on SOWOOD LANE.