Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 CHEVET LANE is a very large extended detached house of 281m², built sometime between 1930 and 1949. It was last sold for £250,000 in October 2000, which was around 178% above the average October 2000 detached price in the Wakefield local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 2 CHEVET LANE since 1st 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 2 CHEVET 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 |
---|---|---|---|
2000 25 OCT | £250,000 | £89,956 | 178% above HPI |
2000 14 JUL | £299,000 | £87,191 | 243% above HPI |
The below graph shows the average detached house price in the Wakefield local authority area over time, sourced from the HPI. The two 2 CHEVET LANE sales from July 2000 and October 2000 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 July 2000 sale was for 243% above the HPI. So the extrapolation line tracks at 243% above the HPI over time, until the October 2000 sale, where it falls to 178% above the HPI. The line then continues to track at 178% above the HPI.
2 CHEVET LANE is 281m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 2 CHEVET LANE lies on this distribution: 99% of detached houses are smaller than 2 CHEVET LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Wakefield.
2 CHEVET LANE sits on a plot of roughly 0.531 of an acre, or 2,147m². The below map shows the location of 2 CHEVET 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 2 CHEVET 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.
2 CHEVET LANE is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 2 on CHEVET LANE.