1, THE BEECHES, SHARLSTON COMMON, WAKEFIELD, WF4 1ES - £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.

1 THE BEECHES is a very small detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £147,130. It was last sold for £120,000 in February 2021, which was around 52% below the average February 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

1 THE BEECHES Sold Prices

Land registry data shows three sales for 1 THE BEECHES 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. Two of the three 1 THE BEECHES sales were for below the average price, whilst one was 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
2021 27 FEB	£120,000	£251,421	52% below HPI
2014 13 AUG	£157,000	£191,890	18% below HPI
1998 14 AUG	£80,000	£76,686	4% above HPI

1 THE BEECHES 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 THE BEECHES sales between August 1998 and February 2021 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 August 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2021 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 1 THE BEECHES be worth now?

1 THE BEECHES might now be worth an estimated £147,130.

This is based on house price inflation of 22.6%, between February 2021 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 22.6% inflationary increase is applied to the most recent sale price for 1 THE BEECHES of £120,000 on 27th February 2021. For the value to have increased from £120,000 to £147,130 over the four years to February 2025, the following assumptions must hold true:

• The value of 1 THE BEECHES has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The February 2021 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE BEECHES has not materially changed since February 2021.

How Large is 1 THE BEECHES?

1 THE BEECHES is 94m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses houses in Sharlston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sharlston, and where 1 THE BEECHES lies on this distribution: 18% of detached houses houses are smaller than 1 THE BEECHES, and 82% of houses are larger. Note that EPC data is not available for all properties in Sharlston.

1 THE BEECHES: Plot and Title Map

1 THE BEECHES sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 1 THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

1 THE BEECHES is located in SHARLSTON COMMON, in the WF4 postcode district. The below map shows the position of No. 1 on THE BEECHES.