5, MILLCROFT RISE, LOFTHOUSE, WAKEFIELD, WF3 3TL - £340,000

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 MILLCROFT RISE is a small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £340,000 in September 2022, which was around 10% above the average September 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

5 MILLCROFT RISE Sold Prices

Land registry data shows three sales for 5 MILLCROFT RISE 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. All of the three 5 MILLCROFT RISE 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
2022 27 SEP	£340,000	£309,394	10% above HPI
2015 23 JUN	£217,000	£203,579	7% above HPI
1996 29 MAR	£82,250	£72,791	13% above HPI

5 MILLCROFT RISE 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 MILLCROFT RISE sales between March 1996 and September 2022 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 June 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 5 MILLCROFT RISE?

5 MILLCROFT RISE is 93m², which includes three extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% 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 MILLCROFT RISE lies on this distribution: 25% of detached houses are smaller than 5 MILLCROFT RISE, and 74% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

5 MILLCROFT RISE: Plot and Title Map

5 MILLCROFT RISE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 5 MILLCROFT RISE, 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 MILLCROFT RISE). 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 MILLCROFT RISE?

5 MILLCROFT RISE is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 5 on MILLCROFT RISE.