2, MILLCROFT CLOSE, LOFTHOUSE, WAKEFIELD, WF3 3TJ - £300,000

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 MILLCROFT CLOSE is a very large extended detached house of 153m², built sometime between 1991 and 1995, which could now be worth an estimated £422,247. It was last sold for £300,000 in June 2018, which was around 37% above the average June 2018 detached price in the Wakefield local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

2 MILLCROFT CLOSE Sold Prices

Land registry data shows three sales for 2 MILLCROFT CLOSE 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. All of the three 2 MILLCROFT CLOSE 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
2018 15 JUN	£300,000	£219,017	37% above HPI
2005 30 MAR	£216,000	£178,413	21% above HPI
1996 19 DEC	£114,950	£73,976	55% above HPI

2 MILLCROFT CLOSE 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 MILLCROFT CLOSE sales between December 1996 and June 2018 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 March 2005 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 2 MILLCROFT CLOSE be worth now?

2 MILLCROFT CLOSE might now be worth an estimated £422,247.

This is based on house price inflation of 40.7%, between June 2018 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 40.7% inflationary increase is applied to the most recent sale price for 2 MILLCROFT CLOSE of £300,000 on 15th June 2018. For the value to have increased from £300,000 to £422,247 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 2 MILLCROFT CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The June 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILLCROFT CLOSE has not materially changed since June 2018.

How Large is 2 MILLCROFT CLOSE?

2 MILLCROFT CLOSE is 153m², which includes three extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wakefield, and where 2 MILLCROFT CLOSE lies on this distribution: 84% of detached houses houses are smaller than 2 MILLCROFT CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

2 MILLCROFT CLOSE: Plot and Title Map

2 MILLCROFT CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 2 MILLCROFT CLOSE, 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 MILLCROFT CLOSE). 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 MILLCROFT CLOSE?

2 MILLCROFT CLOSE is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 2 on MILLCROFT CLOSE.