38, CUMBRIAN WAY, WAKEFIELD, WF2 8JR - £362,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 CUMBRIAN WAY is a small extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £362,000 in January 2022, which was around 26% above the average January 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

38 CUMBRIAN WAY Sold Prices

Land registry data shows two sales for 38 CUMBRIAN 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 38 CUMBRIAN 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
2022 14 JAN	£362,000	£286,897	26% above HPI
1997 12 SEP	£84,000	£80,531	4% above HPI

38 CUMBRIAN 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 38 CUMBRIAN WAY sales from September 1997 and January 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 September 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 38 CUMBRIAN WAY?

38 CUMBRIAN WAY is 106m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 38 CUMBRIAN WAY lies on this distribution: 40% of detached houses are smaller than 38 CUMBRIAN WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

38 CUMBRIAN WAY: Plot and Title Map

38 CUMBRIAN WAY sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 38 CUMBRIAN 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 CUMBRIAN 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 CUMBRIAN WAY?

38 CUMBRIAN WAY is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 38 on CUMBRIAN WAY.