53A, LAKE LOCK ROAD, STANLEY, WAKEFIELD, WF3 4HP - £258,000

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.

53A LAKE LOCK ROAD is a very small extended detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £299,156. It was last sold for £258,000 in July 2021, which was around 2% below the average July 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

53A LAKE LOCK ROAD Sold Prices

Land registry data shows two sales for 53A LAKE LOCK ROAD 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 53A LAKE LOCK ROAD 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
2021 23 JUL	£258,000	£263,669	2% below HPI
1996 25 OCT	£69,000	£73,744	6% below HPI

53A LAKE LOCK ROAD 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 53A LAKE LOCK ROAD sales from October 1996 and July 2021 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 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 53A LAKE LOCK ROAD be worth now?

53A LAKE LOCK ROAD might now be worth an estimated £299,156.

This is based on house price inflation of 16%, between July 2021 and March 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 16% inflationary increase is applied to the most recent sale price for 53A LAKE LOCK ROAD of £258,000 on 23rd July 2021. For the value to have increased from £258,000 to £299,156 over the four years and four months to March 2025, the following assumptions must hold true:

• The value of 53A LAKE LOCK ROAD has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The July 2021 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 53A LAKE LOCK ROAD has not materially changed since July 2021.

How Large is 53A LAKE LOCK ROAD?

53A LAKE LOCK ROAD is 82m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% 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 53A LAKE LOCK ROAD lies on this distribution: 14% of detached houses houses are smaller than 53A LAKE LOCK ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

53A LAKE LOCK ROAD: Plot and Title Map

53A LAKE LOCK ROAD sits on a plot of roughly 192.6 acres, or 779,438m². The below map shows the location of 53A LAKE LOCK ROAD, 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 53A LAKE LOCK ROAD). 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 53A LAKE LOCK ROAD?

53A LAKE LOCK ROAD is located in STANLEY, in the WF3 postcode district. The below map shows the position of No. 53A on LAKE LOCK ROAD.