48, SLACK LANE, CROFTON, WAKEFIELD, WF4 1HX - £150,000

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

48 SLACK LANE is a very small detached house of 59m², built sometime between 1976 and 1982. It was last sold for £150,000 in June 2012, which was around 21% below the average June 2012 detached price in the Wakefield local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

48 SLACK LANE Sold Prices

Land registry data shows four sales for 48 SLACK LANE 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. All of the four 48 SLACK LANE 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
2012 4 JUN	£150,000	£189,178	21% below HPI
2003 16 MAY	£124,000	£140,783	12% below HPI
1996 29 JUL	£55,000	£75,591	27% below HPI
1995 7 JUL	£47,000	£77,066	39% below HPI

48 SLACK LANE 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 48 SLACK LANE sales between July 1995 and June 2012 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 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2012 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 48 SLACK LANE?

48 SLACK LANE is 59m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% of detached houses in Crofton, based on EPC data. The below chart shows the distribution of detached houses by size in Crofton, and where 48 SLACK LANE lies on this distribution: 3% of detached houses are smaller than 48 SLACK LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Crofton.

48 SLACK LANE: Plot and Title Map

48 SLACK LANE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 48 SLACK 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 48 SLACK 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 48 SLACK LANE?

48 SLACK LANE is located in CROFTON, in the WF4 postcode district. The below map shows the position of No. 48 on SLACK LANE.