112, GEORGE LANE, NOTTON, WAKEFIELD, WF4 2ND - £490,000

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.

112 GEORGE LANE is a large extended detached house of 169m², built sometime between 1930 and 1949, which could now be worth an estimated £638,889. It was last sold for £490,000 in June 2020, which was around 107% above the average June 2020 detached price in the Wakefield local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

112 GEORGE LANE Sold Prices

Land registry data shows three sales for 112 GEORGE 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. All of the three 112 GEORGE LANE 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
2020 30 JUN	£490,000	£236,425	107% above HPI
2018 28 FEB	£490,000	£219,665	123% above HPI
2010 20 AUG	£275,000	£194,388	41% above HPI

112 GEORGE 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 112 GEORGE LANE sales between August 2010 and June 2020 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 February 2018 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the June 2020 sale, where it falls to 107% above the HPI. The line then continues to track at 107% above the HPI.

What might 112 GEORGE LANE be worth now?

112 GEORGE LANE might now be worth an estimated £638,889.

This is based on house price inflation of 30.4%, between June 2020 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 30.4% inflationary increase is applied to the most recent sale price for 112 GEORGE LANE of £490,000 on 30th June 2020. For the value to have increased from £490,000 to £638,889 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 112 GEORGE LANE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The June 2020 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 112 GEORGE LANE has not materially changed since June 2020.

How Large is 112 GEORGE LANE?

112 GEORGE LANE is 169m², which includes four extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses houses in Notton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Notton, and where 112 GEORGE LANE lies on this distribution: 70% of detached houses houses are smaller than 112 GEORGE LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Notton.

112 GEORGE LANE: Plot and Title Map

112 GEORGE LANE sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of 112 GEORGE 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 112 GEORGE 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 112 GEORGE LANE?

112 GEORGE LANE is located in NOTTON, in the WF4 postcode district. The below map shows the position of No. 112 on GEORGE LANE.