5, PLEDWICK RISE, WAKEFIELD, WF2 6DH - £307,000

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 PLEDWICK RISE is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £460,395. It was last sold for £307,000 in July 2016, which was around 49% above the average July 2016 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

5 PLEDWICK RISE Sold Prices

Land registry data shows two sales for 5 PLEDWICK RISE 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 PLEDWICK 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
2016 20 JUL	£307,000	£205,556	49% above HPI
2015 2 APR	£238,000	£192,129	24% above HPI

5 PLEDWICK 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 two 5 PLEDWICK RISE sales from April 2015 and July 2016 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 April 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2016 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 5 PLEDWICK RISE be worth now?

5 PLEDWICK RISE might now be worth an estimated £460,395.

This is based on house price inflation of 50%, between July 2016 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 50% inflationary increase is applied to the most recent sale price for 5 PLEDWICK RISE of £307,000 on 20th July 2016. For the value to have increased from £307,000 to £460,395 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 5 PLEDWICK RISE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The July 2016 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PLEDWICK RISE has not materially changed since July 2016.

How Large is 5 PLEDWICK RISE?

5 PLEDWICK RISE is 115m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 PLEDWICK RISE lies on this distribution: 51% of detached houses houses are smaller than 5 PLEDWICK RISE, and 48% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

5 PLEDWICK RISE: Plot and Title Map

5 PLEDWICK RISE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 5 PLEDWICK 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 PLEDWICK 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 PLEDWICK RISE?

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