198, SPITTAL HARDWICK LANE, PONTEFRACT, WF8 1RZ - £195,000

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.

198 SPITTAL HARDWICK LANE is a small detached house of 99m², built sometime between 1930 and 1949, which could now be worth an estimated £253,537. It was last sold for £195,000 in May 2020, which was around 18% below the average May 2020 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

198 SPITTAL HARDWICK LANE Sold Prices

Land registry data shows two sales for 198 SPITTAL HARDWICK 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 198 SPITTAL HARDWICK LANE sales were for below 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 22 MAY	£195,000	£237,092	18% below HPI
2012 16 JAN	£145,000	£180,750	20% below HPI

198 SPITTAL HARDWICK 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 198 SPITTAL HARDWICK LANE sales from January 2012 and May 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 January 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 198 SPITTAL HARDWICK LANE be worth now?

198 SPITTAL HARDWICK LANE might now be worth an estimated £253,537.

This is based on house price inflation of 30%, between May 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% inflationary increase is applied to the most recent sale price for 198 SPITTAL HARDWICK LANE of £195,000 on 22nd May 2020. For the value to have increased from £195,000 to £253,537 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 198 SPITTAL HARDWICK LANE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The May 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 198 SPITTAL HARDWICK LANE has not materially changed since May 2020.

How Large is 198 SPITTAL HARDWICK LANE?

198 SPITTAL HARDWICK LANE is 99m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% of detached houses houses in Pontefract, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pontefract, and where 198 SPITTAL HARDWICK LANE lies on this distribution: 35% of detached houses houses are smaller than 198 SPITTAL HARDWICK LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Pontefract.

198 SPITTAL HARDWICK LANE: Plot and Title Map

198 SPITTAL HARDWICK LANE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 198 SPITTAL HARDWICK 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 198 SPITTAL HARDWICK 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 198 SPITTAL HARDWICK LANE?

198 SPITTAL HARDWICK LANE is located in PONTEFRACT, in the WF8 postcode district. The below map shows the position of No. 198 on SPITTAL HARDWICK LANE.