3, LEDGER LANE, LOFTHOUSE, WAKEFIELD, WF3 3NG - £225,000

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 LEDGER LANE is a large extended detached house of 128m², built sometime between 1950 and 1966, which could now be worth an estimated £395,796. It was last sold for £225,000 in July 2010, which was around 12% below the average July 2010 detached price in the Leeds 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.

3 LEDGER LANE Sold Prices

Land registry data shows two sales for 3 LEDGER 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 Leeds local authority area for the corresponding sale date. Both of the two 3 LEDGER 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
2010 16 JUL	£225,000	£256,228	12% below HPI
2004 11 JUN	£190,000	£218,365	13% below HPI

3 LEDGER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The two 3 LEDGER LANE sales from June 2004 and July 2010 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 June 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2010 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 3 LEDGER LANE be worth now?

3 LEDGER LANE might now be worth an estimated £395,796.

This is based on house price inflation of 75.9%, between July 2010 and December 2024, for detached houses, in the Leeds local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.9% inflationary increase is applied to the most recent sale price for 3 LEDGER LANE of £225,000 on 16th July 2010. For the value to have increased from £225,000 to £395,796 over the thirteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 3 LEDGER LANE has moved in line with the HPI for detached houses in the Leeds local authority area.
• The July 2010 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LEDGER LANE has not materially changed since July 2010.

How Large is 3 LEDGER LANE?

3 LEDGER LANE is 128m², which includes two extensions, according to the EPC inspection conducted in June 2009. This puts it in the largest 30% of detached houses houses in Lofthouse, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lofthouse, and where 3 LEDGER LANE lies on this distribution: 73% of detached houses houses are smaller than 3 LEDGER LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Lofthouse.

3 LEDGER LANE: Plot and Title Map

3 LEDGER LANE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 3 LEDGER 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 3 LEDGER 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 3 LEDGER LANE?

3 LEDGER LANE is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 3 on LEDGER LANE.