7, LANCET RISE, ROBIN HOOD, WAKEFIELD, WF3 3UE - £215,000

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.

7 LANCET RISE is a small detached house of 83m², built sometime between 2003 and 2006, which could now be worth an estimated £290,687. It was last sold for £215,000 in August 2018, which was around 35% below the average August 2018 detached price in the Leeds local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

7 LANCET RISE Sold Prices

Land registry data shows three sales for 7 LANCET 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 Leeds local authority area for the corresponding sale date. All of the three 7 LANCET RISE 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
2018 17 AUG	£215,000	£332,266	35% below HPI
2011 27 MAY	£163,000	£250,821	35% below HPI
1999 17 DEC	£89,995	£105,144	14% below HPI

7 LANCET RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The three 7 LANCET RISE sales between December 1999 and August 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 May 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2018 sale, which was also at 35% below the HPI.

What might 7 LANCET RISE be worth now?

7 LANCET RISE might now be worth an estimated £290,687.

This is based on house price inflation of 35.2%, between August 2018 and February 2025, for detached houses, in the Leeds local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.2% inflationary increase is applied to the most recent sale price for 7 LANCET RISE of £215,000 on 17th August 2018. For the value to have increased from £215,000 to £290,687 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 7 LANCET RISE has moved in line with the HPI for detached houses in the Leeds local authority area.
• The August 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LANCET RISE has not materially changed since August 2018.

How Large is 7 LANCET RISE?

7 LANCET RISE is 83m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 30% of detached houses houses in Robin Hood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Robin Hood, and where 7 LANCET RISE lies on this distribution: 30% of detached houses houses are smaller than 7 LANCET RISE, and 69% of houses are larger. Note that EPC data is not available for all properties in Robin Hood.

7 LANCET RISE: Plot and Title Map

7 LANCET RISE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 7 LANCET 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 7 LANCET 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 7 LANCET RISE?

7 LANCET RISE is located in ROBIN HOOD, in the WF3 postcode district. The below map shows the position of No. 7 on LANCET RISE.