5, LOCK LANE, NORMANTON, WF6 2QJ - £42,000

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 LOCK LANE is a midsized detached house of 107m², built sometime between 1996 and 2002. It was last sold for £42,000 in July 1997, which was around 48% below the average July 1997 detached price in the Wakefield local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

5 LOCK LANE Sold Prices

Land registry data shows two sales for 5 LOCK LANE 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 LOCK 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
1997 10 JUL	£42,000	£80,205	48% below HPI
1996 23 DEC	£42,000	£76,958	45% below HPI

5 LOCK 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 two 5 LOCK LANE sales from December 1996 and July 1997 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 December 1996 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 1997 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 5 LOCK LANE?

5 LOCK LANE is 107m² according to the EPC inspection conducted in September 2018. This puts it in the largest 50% of detached houses in Normanton, based on EPC data. The below chart shows the distribution of detached houses by size in Normanton, and where 5 LOCK LANE lies on this distribution: 51% of detached houses are smaller than 5 LOCK LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Normanton.

5 LOCK LANE: Plot and Title Map

5 LOCK LANE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 5 LOCK 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 5 LOCK 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 5 LOCK LANE?

5 LOCK LANE is located in NORMANTON, in the WF6 postcode district. The below map shows the position of No. 5 on LOCK LANE.