3, LANARK RISE, CROFTON, WAKEFIELD, WF4 1LQ - £169,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 LANARK RISE is a very small extended detached house of 72m², which could now be worth an estimated £237,260. It was last sold for £169,000 in August 2017, which was around 23% below the average August 2017 detached price in the Wakefield local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

3 LANARK RISE Sold Prices

Land registry data shows two sales for 3 LANARK RISE 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 3 LANARK RISE 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
2017 18 AUG	£169,000	£220,422	23% below HPI
2006 10 NOV	£181,500	£200,188	9% below HPI

3 LANARK RISE 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 3 LANARK RISE sales from November 2006 and August 2017 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 November 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 LANARK RISE be worth now?

3 LANARK RISE might now be worth an estimated £237,260.

This is based on house price inflation of 40.4%, between August 2017 and December 2024, 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 40.4% inflationary increase is applied to the most recent sale price for 3 LANARK RISE of £169,000 on 18th August 2017. For the value to have increased from £169,000 to £237,260 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 LANARK RISE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The August 2017 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LANARK RISE has not materially changed since August 2017.

How Large is 3 LANARK RISE?

3 LANARK RISE is 72m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of detached houses houses in Crofton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crofton, and where 3 LANARK RISE lies on this distribution: 10% of detached houses houses are smaller than 3 LANARK RISE, and 90% of houses are larger. Note that EPC data is not available for all properties in Crofton.

3 LANARK RISE: Plot and Title Map

3 LANARK RISE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 3 LANARK RISE, 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 3 LANARK RISE). 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 3 LANARK RISE?

3 LANARK RISE is located in CROFTON, in the WF4 postcode district. The below map shows the position of No. 3 on LANARK RISE.