2, HAND BANK LANE, MIRFIELD, WF14 8EX - £480,000

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 HAND BANK LANE is a midsized detached house of 126m², built sometime before 1900, which could now be worth an estimated £505,865. It was last sold for £480,000 in October 2022, which was around 49% above the average October 2022 detached price in the Kirklees local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was A.

2 HAND BANK LANE Sold Prices

Land registry data shows two sales for 2 HAND BANK 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 Kirklees local authority area for the corresponding sale date. Both of the two 2 HAND BANK 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
2022 7 OCT	£480,000	£322,904	49% above HPI
2001 17 SEP	£137,500	£101,476	36% above HPI

2 HAND BANK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Kirklees local authority area over time, sourced from the HPI. The two 2 HAND BANK LANE sales from September 2001 and October 2022 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 September 2001 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2022 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 2 HAND BANK LANE be worth now?

2 HAND BANK LANE might now be worth an estimated £505,865.

This is based on house price inflation of 5.4%, between October 2022 and February 2025, for detached houses, in the Kirklees local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.4% inflationary increase is applied to the most recent sale price for 2 HAND BANK LANE of £480,000 on 7th October 2022. For the value to have increased from £480,000 to £505,865 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 HAND BANK LANE has moved in line with the HPI for detached houses in the Kirklees local authority area.
• The October 2022 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HAND BANK LANE has not materially changed since October 2022.

How Large is 2 HAND BANK LANE?

2 HAND BANK LANE is 126m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses houses in Mirfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mirfield, and where 2 HAND BANK LANE lies on this distribution: 58% of detached houses houses are smaller than 2 HAND BANK LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Mirfield.

2 HAND BANK LANE: Plot and Title Map

2 HAND BANK LANE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 2 HAND BANK 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 HAND BANK 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 HAND BANK LANE?

2 HAND BANK LANE is located in MIRFIELD, in the WF14 postcode district. The below map shows the position of No. 2 on HAND BANK LANE.