2, SHAY LANE, CROFTON, WAKEFIELD, WF4 1NN - £390,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 SHAY LANE is a very large extended detached house of 151m², built sometime between 1967 and 1975. It was last sold for £390,000 in May 2023, which was around 27% above the average May 2023 detached price in the Wakefield local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 SHAY LANE Sold Prices

Land registry data shows two sales for 2 SHAY 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 SHAY 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
2023 30 MAY	£390,000	£306,838	27% above HPI
2004 5 MAR	£227,000	£163,599	39% above HPI

2 SHAY 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 SHAY LANE sales from March 2004 and May 2023 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 2004 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2023 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 2 SHAY LANE?

2 SHAY LANE is 151m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Crofton, based on EPC data. The below chart shows the distribution of detached houses by size in Crofton, and where 2 SHAY LANE lies on this distribution: 90% of detached houses are smaller than 2 SHAY LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Crofton.

2 SHAY LANE: Plot and Title Map

2 SHAY LANE sits on a plot of roughly 0.193 of an acre, or 783m². The below map shows the location of 2 SHAY 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 SHAY 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 SHAY LANE?

2 SHAY LANE is located in CROFTON, in the WF4 postcode district. The below map shows the position of No. 2 on SHAY LANE.