3, VIRGINIA DRIVE, LOFTHOUSE, WAKEFIELD, WF3 3TA - £230,000

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 VIRGINIA DRIVE is a midsized detached house of 107m², built sometime between 1991 and 1995, which could now be worth an estimated £369,486. It was last sold for £230,000 in August 2014, which was around 20% above the average August 2014 detached price in the Wakefield local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

3 VIRGINIA DRIVE Sold Prices

Land registry data shows three sales for 3 VIRGINIA DRIVE 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 VIRGINIA DRIVE 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
2014 14 AUG	£230,000	£191,890	20% above HPI
2010 1 FEB	£200,000	£188,791	6% above HPI
1995 15 DEC	£88,000	£71,734	23% above HPI

3 VIRGINIA DRIVE 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 VIRGINIA DRIVE sales between December 1995 and August 2014 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 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2014 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 3 VIRGINIA DRIVE be worth now?

3 VIRGINIA DRIVE might now be worth an estimated £369,486.

This is based on house price inflation of 60.6%, between August 2014 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 60.6% inflationary increase is applied to the most recent sale price for 3 VIRGINIA DRIVE of £230,000 on 14th August 2014. For the value to have increased from £230,000 to £369,486 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 3 VIRGINIA DRIVE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The August 2014 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VIRGINIA DRIVE has not materially changed since August 2014.

How Large is 3 VIRGINIA DRIVE?

3 VIRGINIA DRIVE is 107m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% 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 VIRGINIA DRIVE lies on this distribution: 41% of detached houses houses are smaller than 3 VIRGINIA DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

3 VIRGINIA DRIVE: Plot and Title Map

3 VIRGINIA DRIVE sits on a plot of roughly 396.9 acres, or 1,606,288m². The below map shows the location of 3 VIRGINIA DRIVE, 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 VIRGINIA DRIVE). 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 VIRGINIA DRIVE?

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