38, CLEVELAND WAY, SHELLEY, HUDDERSFIELD, HD8 8NQ - £231,000

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.

38 CLEVELAND WAY is a small extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £369,511. It was last sold for £231,000 in February 2015, which was around 9% above the average February 2015 detached price in the Kirklees local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

38 CLEVELAND WAY Sold Prices

Land registry data shows three sales for 38 CLEVELAND WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Kirklees local authority area for the corresponding sale date. Two of the three 38 CLEVELAND WAY sales were for above the average price, whilst one was 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
2015 6 FEB	£231,000	£212,741	9% above HPI
2000 3 NOV	£89,000	£94,163	5% below HPI
1998 23 OCT	£250,000	£82,258	204% above HPI

38 CLEVELAND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Kirklees local authority area over time, sourced from the HPI. The three 38 CLEVELAND WAY sales between October 1998 and February 2015 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 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2015 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 38 CLEVELAND WAY be worth now?

38 CLEVELAND WAY might now be worth an estimated £369,511.

This is based on house price inflation of 60%, between February 2015 and February 2025, for detached houses, in the Kirklees local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60% inflationary increase is applied to the most recent sale price for 38 CLEVELAND WAY of £231,000 on 6th February 2015. For the value to have increased from £231,000 to £369,511 over the ten years to February 2025, the following assumptions must hold true:

• The value of 38 CLEVELAND WAY has moved in line with the HPI for detached houses in the Kirklees local authority area.
• The February 2015 sale price of £231,000 represented a fair market value for the property.
• The size, condition, and specification of 38 CLEVELAND WAY has not materially changed since February 2015.

How Large is 38 CLEVELAND WAY?

38 CLEVELAND WAY is 106m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the smallest 30% of detached houses houses in Shelley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shelley, and where 38 CLEVELAND WAY lies on this distribution: 30% of detached houses houses are smaller than 38 CLEVELAND WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Shelley.

38 CLEVELAND WAY: Plot and Title Map

38 CLEVELAND WAY sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 38 CLEVELAND 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 38 CLEVELAND 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 38 CLEVELAND WAY?

38 CLEVELAND WAY is located in SHELLEY, in the HD8 postcode district. The below map shows the position of No. 38 on CLEVELAND WAY.