16, DIMPLE WELLS LANE, OSSETT, WF5 8RN - £365,000

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.

16 DIMPLE WELLS LANE is a midsized detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £530,873. It was last sold for £365,000 in November 2016, which was around 74% above the average November 2016 detached price in the Wakefield local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

16 DIMPLE WELLS LANE Sold Prices

Land registry data shows two sales for 16 DIMPLE WELLS LANE 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 16 DIMPLE WELLS 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
2016 9 NOV	£365,000	£210,203	74% above HPI
2001 19 NOV	£140,000	£96,094	46% above HPI

16 DIMPLE WELLS 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 two 16 DIMPLE WELLS LANE sales from November 2001 and November 2016 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 2001 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the November 2016 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 16 DIMPLE WELLS LANE be worth now?

16 DIMPLE WELLS LANE might now be worth an estimated £530,873.

This is based on house price inflation of 45.4%, between November 2016 and March 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 45.4% inflationary increase is applied to the most recent sale price for 16 DIMPLE WELLS LANE of £365,000 on 9th November 2016. For the value to have increased from £365,000 to £530,873 over the nine years and eight months to March 2025, the following assumptions must hold true:

• The value of 16 DIMPLE WELLS LANE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The November 2016 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 16 DIMPLE WELLS LANE has not materially changed since November 2016.

How Large is 16 DIMPLE WELLS LANE?

16 DIMPLE WELLS LANE is 102m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses houses in Ossett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ossett, and where 16 DIMPLE WELLS LANE lies on this distribution: 43% of detached houses houses are smaller than 16 DIMPLE WELLS LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Ossett.

16 DIMPLE WELLS LANE: Plot and Title Map

16 DIMPLE WELLS LANE sits on a plot of roughly 0.346 of an acre, or 1,402m². The below map shows the location of 16 DIMPLE WELLS 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 16 DIMPLE WELLS 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 16 DIMPLE WELLS LANE?

16 DIMPLE WELLS LANE is located in OSSETT, in the WF5 postcode district. The below map shows the position of No. 16 on DIMPLE WELLS LANE.