40, LEE WAY, CASTLEFORD, WF10 4TQ - £258,000

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

40 LEE WAY is a very small extended detached house of 78m², built sometime between 1996 and 2002. It was last sold for £258,000 in July 2023, which was around 17% below the average July 2023 detached price in the Wakefield local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

40 LEE WAY Sold Prices

Land registry data shows five sales for 40 LEE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. All of the five 40 LEE WAY sales were 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
2023 21 JUL	£258,000	£309,326	17% below HPI
2019 3 MAY	£164,950	£235,809	30% below HPI
2019 12 APR	£172,500	£235,208	27% below HPI
2004 20 JUL	£149,000	£172,995	14% below HPI
2002 24 MAY	£89,995	£107,017	16% below HPI

40 LEE 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 five 40 LEE WAY sales between May 2002 and July 2023 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 May 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 40 LEE WAY?

40 LEE WAY is 78m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Castleford, based on EPC data. The below chart shows the distribution of detached houses by size in Castleford, and where 40 LEE WAY lies on this distribution: 11% of detached houses are smaller than 40 LEE WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Castleford.

40 LEE WAY: Plot and Title Map

40 LEE WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 40 LEE 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 40 LEE 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 40 LEE WAY?

40 LEE WAY is located in CASTLEFORD, in the WF10 postcode district. The below map shows the position of No. 40 on LEE WAY.