15, PARK WAY, CASTLEFORD, WF10 1BU - £293,000

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.

15 PARK WAY is a very large detached house of 143m², which could now be worth an estimated £359,243. It was last sold for £293,000 in February 2021, which was around 17% above the average February 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was B.

15 PARK WAY Sold Prices

Land registry data shows two sales for 15 PARK WAY 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 15 PARK WAY 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
2021 17 FEB	£293,000	£251,421	17% above HPI
2017 15 DEC	£240,000	£218,155	10% above HPI

15 PARK WAY 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 15 PARK WAY sales from December 2017 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 December 2017 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 15 PARK WAY be worth now?

15 PARK WAY might now be worth an estimated £359,243.

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 15 PARK WAY of £293,000 on 17th February 2021. For the value to have increased from £293,000 to £359,243 over the four years to February 2025, the following assumptions must hold true:

• The value of 15 PARK WAY has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The February 2021 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PARK WAY has not materially changed since February 2021.

How Large is 15 PARK WAY?

15 PARK WAY is 143m² according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses houses in Castleford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Castleford, and where 15 PARK WAY lies on this distribution: 88% of detached houses houses are smaller than 15 PARK WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Castleford.

15 PARK WAY: Plot and Title Map

15 PARK WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 15 PARK WAY, 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 15 PARK WAY). 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 15 PARK WAY?

15 PARK WAY is located in CASTLEFORD, in the WF10 postcode district. The below map shows the position of No. 15 on PARK WAY.