4, RIDINGS WAY, LOFTHOUSE GATE, WAKEFIELD, WF3 3SJ - £390,000

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

4 RIDINGS WAY is a midsized detached house of 112m², built sometime between 1991 and 1995. It was last sold for £390,000 in May 2022, which was around 33% above the average May 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

4 RIDINGS WAY Sold Prices

Land registry data shows two sales for 4 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 4 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
2022 20 MAY	£390,000	£294,266	33% above HPI
1996 4 DEC	£92,000	£76,958	20% above HPI

4 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 4 RIDINGS WAY sales from December 1996 and May 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 December 1996 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2022 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 4 RIDINGS WAY?

4 RIDINGS WAY is 112m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 50% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 4 RIDINGS WAY lies on this distribution: 47% of detached houses are smaller than 4 RIDINGS WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

4 RIDINGS WAY: Plot and Title Map

4 RIDINGS WAY sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 4 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 4 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 4 RIDINGS WAY?

4 RIDINGS WAY is located in LOFTHOUSE GATE, in the WF3 postcode district. The below map shows the position of No. 4 on RIDINGS WAY.