5, GRANGEWOOD COURT, OUTWOOD, WAKEFIELD, WF1 3SL - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 GRANGEWOOD COURT is a midsized detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £337,448. It was last sold for £250,000 in October 2018, which was around 9% above the average October 2018 detached price in the Wakefield local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

5 GRANGEWOOD COURT Sold Prices

Land registry data shows two sales for 5 GRANGEWOOD COURT 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 5 GRANGEWOOD COURT 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 1 OCT	£250,000	£228,379	9% above HPI
2009 8 OCT	£220,000	£187,149	18% above HPI

5 GRANGEWOOD COURT 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 5 GRANGEWOOD COURT sales from October 2009 and October 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 October 2009 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 5 GRANGEWOOD COURT be worth now?

5 GRANGEWOOD COURT might now be worth an estimated £337,448.

This is based on house price inflation of 35%, between October 2018 and February 2025, 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 35% inflationary increase is applied to the most recent sale price for 5 GRANGEWOOD COURT of £250,000 on 1st October 2018. For the value to have increased from £250,000 to £337,448 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 GRANGEWOOD COURT has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The October 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GRANGEWOOD COURT has not materially changed since October 2018.

How Large is 5 GRANGEWOOD COURT?

5 GRANGEWOOD COURT is 117m² according to the EPC inspection conducted in May 2018. This puts it in the largest 50% 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 5 GRANGEWOOD COURT lies on this distribution: 53% of detached houses houses are smaller than 5 GRANGEWOOD COURT, and 45% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

5 GRANGEWOOD COURT: Plot and Title Map

5 GRANGEWOOD COURT sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 5 GRANGEWOOD COURT, 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 GRANGEWOOD COURT). 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 GRANGEWOOD COURT?

5 GRANGEWOOD COURT is located in OUTWOOD, in the WF1 postcode district. The below map shows the position of No. 5 on GRANGEWOOD COURT.