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

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.

11 SPRINGBANK MEWS is a large detached house of 140m², built sometime between 1996 and 2002, which could now be worth an estimated £316,172. It was last sold for £234,000 in June 2019, which was around 3% above 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. One of the two 11 SPRINGBANK MEWS sales was for above the average price, whilst the other was 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	£228,147	3% above HPI
1996 29 JAN	£66,250	£70,866	7% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 11 SPRINGBANK MEWS be worth now?

11 SPRINGBANK MEWS might now be worth an estimated £316,172.

This is based on house price inflation of 35.1%, between June 2019 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 35.1% inflationary increase is applied to the most recent sale price for 11 SPRINGBANK MEWS of £234,000 on 4th June 2019. For the value to have increased from £234,000 to £316,172 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 11 SPRINGBANK MEWS has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The June 2019 sale price of £234,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SPRINGBANK MEWS has not materially changed since June 2019.

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 houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wakefield, and where 11 SPRINGBANK MEWS lies on this distribution: 78% of detached houses 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 0.069 of an acre, or 280m². 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.