40, MILLCROFT, LOFTHOUSE, WAKEFIELD, WF3 3TH - £352,000

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

40 MILLCROFT is a midsized extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £352,000 in February 2022, which was around 22% above the average February 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

40 MILLCROFT Sold Prices

Land registry data shows four sales for 40 MILLCROFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. two of the four 40 MILLCROFT sales were for above the average price, and four 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
2022 23 FEB	£352,000	£289,180	22% above HPI
2010 10 DEC	£185,000	£198,379	7% below HPI
2004 25 AUG	£65,000	£177,850	63% below HPI
1996 25 OCT	£95,950	£76,716	25% above HPI

40 MILLCROFT 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 four 40 MILLCROFT sales between October 1996 and February 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 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 40 MILLCROFT?

40 MILLCROFT is 113m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 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 40 MILLCROFT lies on this distribution: 49% of detached houses are smaller than 40 MILLCROFT, and 50% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

40 MILLCROFT: Plot and Title Map

40 MILLCROFT sits on a plot of roughly 192.6 acres, or 779,438m². The below map shows the location of 40 MILLCROFT, 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 MILLCROFT). 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 MILLCROFT?

40 MILLCROFT is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 40 on MILLCROFT.