2, PARK LODGE CRESCENT, WAKEFIELD, WF1 4QB - £115,000

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 PARK LODGE CRESCENT is a very small extended semi-detached house of 67m², built sometime between 1930 and 1949, which could now be worth an estimated £163,915. It was last sold for £115,000 in July 2018, which was around 16% below the average July 2018 semi-detached price in the Wakefield local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 PARK LODGE CRESCENT Sold Prices

Land registry data shows three sales for 2 PARK LODGE CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wakefield local authority area for the corresponding sale date. All of the three 2 PARK LODGE CRESCENT sales 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
2018 20 JUL	£115,000	£136,700	16% below HPI
2014 31 OCT	£109,000	£119,030	8% below HPI
1999 15 OCT	£38,000	£46,491	18% below HPI

2 PARK LODGE CRESCENT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wakefield local authority area over time, sourced from the HPI. The three 2 PARK LODGE CRESCENT sales between October 1999 and July 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 October 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 PARK LODGE CRESCENT be worth now?

2 PARK LODGE CRESCENT might now be worth an estimated £163,915.

This is based on house price inflation of 42.5%, between July 2018 and February 2025, for semi-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 42.5% inflationary increase is applied to the most recent sale price for 2 PARK LODGE CRESCENT of £115,000 on 20th July 2018. For the value to have increased from £115,000 to £163,915 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 2 PARK LODGE CRESCENT has moved in line with the HPI for semi-detached houses in the Wakefield local authority area.
• The July 2018 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK LODGE CRESCENT has not materially changed since July 2018.

How Large is 2 PARK LODGE CRESCENT?

2 PARK LODGE CRESCENT is 67m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of semi-detached houses houses in Wakefield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wakefield, and where 2 PARK LODGE CRESCENT lies on this distribution: 4% of semi-detached houses houses are smaller than 2 PARK LODGE CRESCENT, and 95% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

2 PARK LODGE CRESCENT: Plot and Title Map

2 PARK LODGE CRESCENT sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 2 PARK LODGE CRESCENT, 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 PARK LODGE CRESCENT). 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 PARK LODGE CRESCENT?

2 PARK LODGE CRESCENT is located in WAKEFIELD, in the WF1 postcode district. The below map shows the position of No. 2 on PARK LODGE CRESCENT.