2, DIMPLE WELLS LANE, OSSETT, WF5 8RN - £240,000

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.

2 DIMPLE WELLS LANE is a small detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £396,702. It was last sold for £240,000 in April 2009, which was around 29% above the average April 2009 detached price in the Wakefield local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

2 DIMPLE WELLS LANE Sold Prices

Land registry data shows two sales for 2 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 2 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
2009 3 APR	£240,000	£186,496	29% above HPI
2004 24 AUG	£190,000	£170,959	11% above HPI

2 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 2 DIMPLE WELLS LANE sales from August 2004 and April 2009 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 August 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2009 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 DIMPLE WELLS LANE be worth now?

2 DIMPLE WELLS LANE might now be worth an estimated £396,702.

This is based on house price inflation of 65.3%, between April 2009 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 65.3% inflationary increase is applied to the most recent sale price for 2 DIMPLE WELLS LANE of £240,000 on 3rd April 2009. For the value to have increased from £240,000 to £396,702 over the sixteen years and two months to February 2025, the following assumptions must hold true:

• The value of 2 DIMPLE WELLS LANE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The April 2009 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DIMPLE WELLS LANE has not materially changed since April 2009.

How Large is 2 DIMPLE WELLS LANE?

2 DIMPLE WELLS LANE is 95m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% 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 2 DIMPLE WELLS LANE lies on this distribution: 35% of detached houses houses are smaller than 2 DIMPLE WELLS LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Ossett.

2 DIMPLE WELLS LANE: Plot and Title Map

2 DIMPLE WELLS LANE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 2 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 2 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 2 DIMPLE WELLS LANE?

2 DIMPLE WELLS LANE is located in OSSETT, in the WF5 postcode district. The below map shows the position of No. 2 on DIMPLE WELLS LANE.