7, RIDINGS WAY, LOFTHOUSE GATE, WAKEFIELD, WF3 3SJ - £223,000

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

7 RIDINGS WAY is a very small extended detached house of 72m², built sometime between 1983 and 1990. It was last sold for £223,000 in September 2015, which was around 9% above the average September 2015 detached price in the Wakefield local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

7 RIDINGS WAY Sold Prices

Land registry data shows two sales for 7 RIDINGS WAY 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. One of the two 7 RIDINGS WAY sales was for above the average price, whilst the other was 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
2015 25 SEP	£223,000	£204,753	9% above HPI
1999 8 JUL	£69,950	£81,864	15% below HPI

7 RIDINGS WAY 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 7 RIDINGS WAY sales from July 1999 and September 2015 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 July 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2015 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 7 RIDINGS WAY?

7 RIDINGS WAY is 72m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 7 RIDINGS WAY lies on this distribution: 7% of detached houses are smaller than 7 RIDINGS WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

7 RIDINGS WAY: Plot and Title Map

7 RIDINGS WAY sits on a plot of roughly 396.9 acres, or 1,606,288m². The below map shows the location of 7 RIDINGS WAY, 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 RIDINGS WAY). 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 RIDINGS WAY?

7 RIDINGS WAY is located in LOFTHOUSE GATE, in the WF3 postcode district. The below map shows the position of No. 7 on RIDINGS WAY.