15, RIDINGS LANE, LOFTHOUSE, WAKEFIELD, WF3 3SE - £250,000

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 RIDINGS LANE is a small extended semi-detached house of 96m², built sometime between 1996 and 2002, which could now be worth an estimated £316,151. It was last sold for £250,000 in January 2021, which was around 62% above the average January 2021 semi-detached price in the Wakefield local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

15 RIDINGS LANE Sold Prices

Land registry data shows three sales for 15 RIDINGS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wakefield local authority area for the corresponding sale date. All of the three 15 RIDINGS 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
2021 14 JAN	£250,000	£154,076	62% above HPI
2004 2 NOV	£134,500	£109,306	23% above HPI
2000 31 JUL	£57,500	£48,240	19% above HPI

15 RIDINGS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wakefield local authority area over time, sourced from the HPI. The three 15 RIDINGS LANE sales between July 2000 and January 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 November 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2021 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 15 RIDINGS LANE be worth now?

15 RIDINGS LANE might now be worth an estimated £316,151.

This is based on house price inflation of 26.5%, between January 2021 and February 2025, for semi-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 26.5% inflationary increase is applied to the most recent sale price for 15 RIDINGS LANE of £250,000 on 14th January 2021. For the value to have increased from £250,000 to £316,151 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 RIDINGS LANE has moved in line with the HPI for semi-detached houses in the Wakefield local authority area.
• The January 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 15 RIDINGS LANE has not materially changed since January 2021.

How Large is 15 RIDINGS LANE?

15 RIDINGS LANE is 96m², which includes three extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of semi-detached houses houses in Wakefield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wakefield, and where 15 RIDINGS LANE lies on this distribution: 28% of semi-detached houses houses are smaller than 15 RIDINGS LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

15 RIDINGS LANE: Plot and Title Map

15 RIDINGS LANE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 15 RIDINGS 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 15 RIDINGS 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 15 RIDINGS LANE?

15 RIDINGS LANE is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 15 on RIDINGS LANE.