5, CEDAR MEWS, WAKEFIELD, WF2 8WD - £392,500

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

5 CEDAR MEWS is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £392,500 in September 2023, which was around 26% above the average September 2023 detached price in the Wakefield local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

5 CEDAR MEWS Sold Prices

Land registry data shows three sales for 5 CEDAR MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. Two of the three 5 CEDAR MEWS sales were for above the average price, whilst one was 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
2023 1 SEP	£392,500	£311,620	26% above HPI
2020 24 JAN	£210,000	£238,959	12% below HPI
2002 31 MAY	£136,995	£107,017	28% above HPI

5 CEDAR MEWS 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 three 5 CEDAR MEWS sales between May 2002 and September 2023 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 January 2020 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2023 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 5 CEDAR MEWS?

5 CEDAR MEWS is 110m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 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 5 CEDAR MEWS lies on this distribution: 45% of detached houses are smaller than 5 CEDAR MEWS, and 54% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

5 CEDAR MEWS: Plot and Title Map

5 CEDAR MEWS sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 5 CEDAR MEWS, 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 5 CEDAR MEWS). 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 5 CEDAR MEWS?

5 CEDAR MEWS is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 5 on CEDAR MEWS.