294, SPITTAL HARDWICK LANE, CASTLEFORD, WF10 3QA - £190,000

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.

294 SPITTAL HARDWICK LANE is a small extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £226,700. It was last sold for £190,000 in May 2021, which was around 26% below the average May 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

294 SPITTAL HARDWICK LANE Sold Prices

Land registry data shows two sales for 294 SPITTAL HARDWICK 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 294 SPITTAL HARDWICK LANE 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
2021 12 MAY	£190,000	£258,360	26% below HPI
2011 7 JAN	£132,000	£187,061	29% below HPI

294 SPITTAL HARDWICK 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 294 SPITTAL HARDWICK LANE sales from January 2011 and May 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 January 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 294 SPITTAL HARDWICK LANE be worth now?

294 SPITTAL HARDWICK LANE might now be worth an estimated £226,700.

This is based on house price inflation of 19.3%, between May 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 19.3% inflationary increase is applied to the most recent sale price for 294 SPITTAL HARDWICK LANE of £190,000 on 12th May 2021. For the value to have increased from £190,000 to £226,700 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 294 SPITTAL HARDWICK LANE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The May 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 294 SPITTAL HARDWICK LANE has not materially changed since May 2021.

How Large is 294 SPITTAL HARDWICK LANE?

294 SPITTAL HARDWICK LANE is 96m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses houses in Castleford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Castleford, and where 294 SPITTAL HARDWICK LANE lies on this distribution: 31% of detached houses houses are smaller than 294 SPITTAL HARDWICK LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Castleford.

294 SPITTAL HARDWICK LANE: Plot and Title Map

294 SPITTAL HARDWICK LANE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 294 SPITTAL HARDWICK 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 294 SPITTAL HARDWICK 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 294 SPITTAL HARDWICK LANE?

294 SPITTAL HARDWICK LANE is located in CASTLEFORD, in the WF10 postcode district. The below map shows the position of No. 294 on SPITTAL HARDWICK LANE.