24, SOUTH LANE, NETHERTON, WAKEFIELD, WF4 4LW - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 SOUTH LANE is a midsized detached house of 111m², built sometime between 1976 and 1982. It was last sold for £250,000 in February 2019, which was around 6% above the average February 2019 detached price in the Wakefield local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

24 SOUTH LANE Sold Prices

Land registry data shows two sales for 24 SOUTH 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 24 SOUTH 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
2019 18 FEB	£250,000	£235,459	6% above HPI
2011 1 AUG	£232,500	£193,966	20% above HPI

24 SOUTH 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 24 SOUTH LANE sales from August 2011 and February 2019 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 August 2011 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 24 SOUTH LANE?

24 SOUTH LANE is 111m² according to the EPC inspection conducted in June 2009. This puts it in the largest 50% of detached houses in Netherton, based on EPC data. The below chart shows the distribution of detached houses by size in Netherton, and where 24 SOUTH LANE lies on this distribution: 51% of detached houses are smaller than 24 SOUTH LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Netherton.

24 SOUTH LANE: Plot and Title Map

24 SOUTH LANE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 24 SOUTH 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 24 SOUTH 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 24 SOUTH LANE?

24 SOUTH LANE is located in NETHERTON, in the WF4 postcode district. The below map shows the position of No. 24 on SOUTH LANE.