31, RIDINGS WAY, LOFTHOUSE GATE, WAKEFIELD, WF3 3SJ - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 RIDINGS WAY is a very large extended detached house of 166m², built sometime between 1996 and 2002. It was last sold for £285,000 in March 2004, which was around 74% above the average March 2004 detached price in the Wakefield local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

31 RIDINGS WAY Sold Prices

Land registry data shows two sales for 31 RIDINGS WAY 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 31 RIDINGS WAY 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
2004 24 MAR	£285,000	£163,599	74% above HPI
2001 5 JAN	£175,000	£90,766	93% above HPI

31 RIDINGS WAY 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 31 RIDINGS WAY sales from January 2001 and March 2004 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 2001 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the March 2004 sale, where it falls to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is 31 RIDINGS WAY?

31 RIDINGS WAY is 166m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 31 RIDINGS WAY lies on this distribution: 88% of detached houses are smaller than 31 RIDINGS WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

31 RIDINGS WAY: Plot and Title Map

31 RIDINGS WAY sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 31 RIDINGS WAY, 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 31 RIDINGS WAY). 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 31 RIDINGS WAY?

31 RIDINGS WAY is located in LOFTHOUSE GATE, in the WF3 postcode district. The below map shows the position of No. 31 on RIDINGS WAY.