12, MILLCROFT, LOFTHOUSE, WAKEFIELD, WF3 3TH - £250,000

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

12 MILLCROFT is a large extended detached house of 140m², built sometime between 1996 and 2002. It was last sold for £250,000 in August 2021, which was around 10% below the average August 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

12 MILLCROFT Sold Prices

Land registry data shows three sales for 12 MILLCROFT 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. One of the three 12 MILLCROFT sales was for below the average price, whilst two 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
2021 27 AUG	£250,000	£276,922	10% below HPI
2001 5 OCT	£119,000	£99,324	20% above HPI
1996 23 MAY	£107,995	£75,072	44% above HPI

12 MILLCROFT 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 12 MILLCROFT sales between May 1996 and August 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 October 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 12 MILLCROFT?

12 MILLCROFT is 140m², which includes two extensions, according to the EPC inspection conducted in July 2021. 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 12 MILLCROFT lies on this distribution: 77% of detached houses are smaller than 12 MILLCROFT, and 22% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

12 MILLCROFT: Plot and Title Map

12 MILLCROFT sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 12 MILLCROFT, 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 12 MILLCROFT). 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 12 MILLCROFT?

12 MILLCROFT is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 12 on MILLCROFT.