40, PROSPECT LANE, BIRKENSHAW, BRADFORD, BD11 2LB - £495,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 PROSPECT LANE is a very large detached house of 184m², built sometime between 1983 and 1990, which could now be worth an estimated £1,097,704. It was last sold for £495,000 in October 2003, which was around 221% above the average October 2003 detached price in the Kirklees local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

40 PROSPECT LANE Sold Prices

Land registry data shows two sales for 40 PROSPECT LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Kirklees local authority area for the corresponding sale date. Both of the two 40 PROSPECT LANE 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
2003 21 OCT	£495,000	£154,180	221% above HPI
1997 17 JUN	£170,000	£79,882	113% above HPI

40 PROSPECT LANE 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 two 40 PROSPECT LANE sales from June 1997 and October 2003 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 June 1997 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the October 2003 sale, where it rises to 221% above the HPI. The line then continues to track at 221% above the HPI.

What might 40 PROSPECT LANE be worth now?

40 PROSPECT LANE might now be worth an estimated £1,097,704.

This is based on house price inflation of 121.8%, between October 2003 and December 2024, 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 121.8% inflationary increase is applied to the most recent sale price for 40 PROSPECT LANE of £495,000 on 21st October 2003. For the value to have increased from £495,000 to £1,097,704 over the twenty years and ten months to December 2024, the following assumptions must hold true:

• The value of 40 PROSPECT LANE has moved in line with the HPI for detached houses in the Kirklees local authority area.
• The October 2003 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 40 PROSPECT LANE has not materially changed since October 2003.

How Large is 40 PROSPECT LANE?

40 PROSPECT LANE is 184m² according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses houses in Birkenshaw, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birkenshaw, and where 40 PROSPECT LANE lies on this distribution: 83% of detached houses houses are smaller than 40 PROSPECT LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Birkenshaw.

40 PROSPECT LANE: Plot and Title Map

40 PROSPECT LANE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 40 PROSPECT LANE, 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 PROSPECT LANE). 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 PROSPECT LANE?

40 PROSPECT LANE is located in BIRKENSHAW, in the BD11 postcode district. The below map shows the position of No. 40 on PROSPECT LANE.