2, ELMWOOD DRIVE, WALTON, WAKEFIELD, WF2 6LW - £248,000

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 ELMWOOD DRIVE is a midsized extended detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £397,969. It was last sold for £248,000 in October 2014, which was around 29% above the average October 2014 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

2 ELMWOOD DRIVE Sold Prices

Land registry data shows three sales for 2 ELMWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. One of the three 2 ELMWOOD DRIVE sales was for above the average price, whilst two 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
2014 23 OCT	£248,000	£192,099	29% above HPI
2000 1 FEB	£50,000	£79,668	37% below HPI
1999 27 AUG	£30,000	£79,580	62% below HPI

2 ELMWOOD DRIVE 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 three 2 ELMWOOD DRIVE sales between August 1999 and October 2014 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 February 2000 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2014 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 ELMWOOD DRIVE be worth now?

2 ELMWOOD DRIVE might now be worth an estimated £397,969.

This is based on house price inflation of 60.5%, between October 2014 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 60.5% inflationary increase is applied to the most recent sale price for 2 ELMWOOD DRIVE of £248,000 on 23rd October 2014. For the value to have increased from £248,000 to £397,969 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 ELMWOOD DRIVE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The October 2014 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELMWOOD DRIVE has not materially changed since October 2014.

How Large is 2 ELMWOOD DRIVE?

2 ELMWOOD DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses houses in Walton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walton, and where 2 ELMWOOD DRIVE lies on this distribution: 53% of detached houses houses are smaller than 2 ELMWOOD DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Walton.

2 ELMWOOD DRIVE: Plot and Title Map

2 ELMWOOD DRIVE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 2 ELMWOOD DRIVE, 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 ELMWOOD DRIVE). 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 ELMWOOD DRIVE?

2 ELMWOOD DRIVE is located in WALTON, in the WF2 postcode district. The below map shows the position of No. 2 on ELMWOOD DRIVE.