11, SPRINGBANK MEWS, LOFTHOUSE, WAKEFIELD, WF3 3UZ - £234,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 SPRINGBANK MEWS is a large detached house of 140m², built sometime between 1996 and 2002. It was last sold for £234,000 in June 2019, which was around 1% below the average June 2019 detached price in the Wakefield local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

11 SPRINGBANK MEWS Sold Prices

Land registry data shows two sales for 11 SPRINGBANK MEWS 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 11 SPRINGBANK MEWS 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
2019 4 JUN	£234,000	£237,342	1% below HPI
1996 29 JAN	£66,250	£73,723	10% below HPI

11 SPRINGBANK MEWS 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 11 SPRINGBANK MEWS sales from January 1996 and June 2019 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 January 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 11 SPRINGBANK MEWS?

11 SPRINGBANK MEWS is 140m² according to the EPC inspection conducted in October 2018. This puts it in the largest 30% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 11 SPRINGBANK MEWS lies on this distribution: 77% of detached houses are smaller than 11 SPRINGBANK MEWS, and 22% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

11 SPRINGBANK MEWS: Plot and Title Map

11 SPRINGBANK MEWS sits on a plot of roughly 1.4 acres, or 5,551m². The below map shows the location of 11 SPRINGBANK MEWS, 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 11 SPRINGBANK MEWS). 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 11 SPRINGBANK MEWS?

11 SPRINGBANK MEWS is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 11 on SPRINGBANK MEWS.