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
47 WEST LANE is a very large extended detached house of 126m², built sometime before 1900. It was last sold for £418,664 in June 2021, which was around 53% above the average June 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was June 2015, where the current energy rating was F, and the potential energy rating was B.
Land registry data shows six sales for 47 WEST LANE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. three of the six 47 WEST LANE sales were for above the average price, and six 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 |
---|---|---|---|
2021 28 JUN | £418,664 | £272,790 | 53% above HPI |
2016 17 OCT | £300,000 | £215,559 | 39% above HPI |
2004 25 JUN | £220,000 | £171,298 | 28% above HPI |
1998 30 OCT | £40,000 | £80,487 | 50% below HPI |
1997 20 JUN | £28,000 | £79,267 | 65% below HPI |
1995 7 JUN | £25,000 | £76,970 | 68% below HPI |
The below graph shows the average detached house price in the Wakefield local authority area over time, sourced from the HPI. The six 47 WEST LANE sales between June 1995 and June 2021 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 October 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2021 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.
47 WEST LANE is 126m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses in Sharlston, based on EPC data. The below chart shows the distribution of detached houses by size in Sharlston, and where 47 WEST LANE lies on this distribution: 81% of detached houses are smaller than 47 WEST LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Sharlston.
47 WEST LANE sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of 47 WEST 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 47 WEST 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.
47 WEST LANE is located in SHARLSTON COMMON, in the WF4 postcode district. The below map shows the position of No. 47 on WEST LANE.