3, SCHOLARS CHASE, WAKEFIELD, WF2 0FA - £500,000

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.

3 SCHOLARS CHASE is a very large detached house of 152m², which could now be worth an estimated £513,323. It was last sold for £500,000 in December 2022, which was around 67% above the average December 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was A.

3 SCHOLARS CHASE Sold Prices

Land registry data shows three sales for 3 SCHOLARS CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. All of the three 3 SCHOLARS CHASE 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
2022 12 DEC	£500,000	£300,263	67% above HPI
2021 16 FEB	£430,000	£251,421	71% above HPI
2014 30 JUN	£380,000	£187,853	102% above HPI

3 SCHOLARS CHASE 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 three 3 SCHOLARS CHASE sales between June 2014 and December 2022 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 2021 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the December 2022 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 3 SCHOLARS CHASE be worth now?

3 SCHOLARS CHASE might now be worth an estimated £513,323.

This is based on house price inflation of 2.7%, between December 2022 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 2.7% inflationary increase is applied to the most recent sale price for 3 SCHOLARS CHASE of £500,000 on 12th December 2022. For the value to have increased from £500,000 to £513,323 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 SCHOLARS CHASE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The December 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SCHOLARS CHASE has not materially changed since December 2022.

How Large is 3 SCHOLARS CHASE?

3 SCHOLARS CHASE is 152m² according to the EPC inspection conducted in June 2014. This puts it in the largest 20% 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 3 SCHOLARS CHASE lies on this distribution: 83% of detached houses houses are smaller than 3 SCHOLARS CHASE, and 17% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

3 SCHOLARS CHASE: Plot and Title Map

3 SCHOLARS CHASE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 3 SCHOLARS CHASE, 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 SCHOLARS CHASE). 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 SCHOLARS CHASE?

3 SCHOLARS CHASE is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 3 on SCHOLARS CHASE.