29, LINGWELL GATE LANE, LOFTHOUSE, WAKEFIELD, WF3 3JL - £535,000

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.

29 LINGWELL GATE LANE is a very large extended detached house of 184m², built sometime between 1930 and 1949, which could now be worth an estimated £619,555. It was last sold for £535,000 in August 2021, which was around 101% above the average August 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

29 LINGWELL GATE LANE Sold Prices

Land registry data shows two sales for 29 LINGWELL GATE 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 29 LINGWELL GATE 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
2021 20 AUG	£535,000	£266,193	101% above HPI
2002 7 FEB	£165,000	£98,809	67% above HPI

29 LINGWELL GATE 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 29 LINGWELL GATE LANE sales from February 2002 and August 2021 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 February 2002 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the August 2021 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might 29 LINGWELL GATE LANE be worth now?

29 LINGWELL GATE LANE might now be worth an estimated £619,555.

This is based on house price inflation of 15.8%, between August 2021 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 15.8% inflationary increase is applied to the most recent sale price for 29 LINGWELL GATE LANE of £535,000 on 20th August 2021. For the value to have increased from £535,000 to £619,555 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 29 LINGWELL GATE LANE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The August 2021 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 29 LINGWELL GATE LANE has not materially changed since August 2021.

How Large is 29 LINGWELL GATE LANE?

29 LINGWELL GATE LANE is 184m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% 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 29 LINGWELL GATE LANE lies on this distribution: 92% of detached houses houses are smaller than 29 LINGWELL GATE LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

29 LINGWELL GATE LANE: Plot and Title Map

29 LINGWELL GATE LANE sits on a plot of roughly 0.330 of an acre, or 1,337m². The below map shows the location of 29 LINGWELL GATE 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 29 LINGWELL GATE 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 29 LINGWELL GATE LANE?

29 LINGWELL GATE LANE is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 29 on LINGWELL GATE LANE.