40, SHERIDAN STREET, OUTWOOD, WAKEFIELD, WF1 3TP - £277,500

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 SHERIDAN STREET is a small extended detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £373,892. It was last sold for £277,500 in December 2018, which was around 21% above the average December 2018 detached price in the Wakefield local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

40 SHERIDAN STREET Sold Prices

Land registry data shows two sales for 40 SHERIDAN STREET 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 40 SHERIDAN STREET 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
2018 21 DEC	£277,500	£229,673	21% above HPI
1998 28 AUG	£95,000	£76,686	24% above HPI

40 SHERIDAN STREET 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 40 SHERIDAN STREET sales from August 1998 and December 2018 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 August 1998 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2018 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 40 SHERIDAN STREET be worth now?

40 SHERIDAN STREET might now be worth an estimated £373,892.

This is based on house price inflation of 34.7%, between December 2018 and December 2024, for detached houses, in the Wakefield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.7% inflationary increase is applied to the most recent sale price for 40 SHERIDAN STREET of £277,500 on 21st December 2018. For the value to have increased from £277,500 to £373,892 over the six years to December 2024, the following assumptions must hold true:

• The value of 40 SHERIDAN STREET has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The December 2018 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 40 SHERIDAN STREET has not materially changed since December 2018.

How Large is 40 SHERIDAN STREET?

40 SHERIDAN STREET is 104m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wakefield, and where 40 SHERIDAN STREET lies on this distribution: 37% of detached houses houses are smaller than 40 SHERIDAN STREET, and 62% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

40 SHERIDAN STREET: Plot and Title Map

40 SHERIDAN STREET sits on a plot of roughly 396.9 acres, or 1,606,288m². The below map shows the location of 40 SHERIDAN STREET, 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 SHERIDAN STREET). 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 SHERIDAN STREET?

40 SHERIDAN STREET is located in OUTWOOD, in the WF1 postcode district. The below map shows the position of No. 40 on SHERIDAN STREET.