7, SPRINGBANK MEWS, LOFTHOUSE, WAKEFIELD, WF3 3UZ - £314,000

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 SPRINGBANK MEWS is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £314,000 in January 2023, which was about the average January 2023 detached price in the Wakefield local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

7 SPRINGBANK MEWS Sold Prices

Land registry data shows three sales for 7 SPRINGBANK MEWS 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. The three 7 SPRINGBANK MEWS sales were a mix of roughly equal to the average price, above the average price, and 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
2023 16 JAN	£314,000	£313,267	Close to HPI
2004 19 NOV	£187,500	£185,911	1% above HPI
1996 12 JUN	£68,500	£75,098	9% below HPI

7 SPRINGBANK MEWS 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 7 SPRINGBANK MEWS sales between June 1996 and January 2023 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 November 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 7 SPRINGBANK MEWS?

7 SPRINGBANK MEWS is 94m² according to the EPC inspection conducted in March 2022. 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 7 SPRINGBANK MEWS lies on this distribution: 26% of detached houses are smaller than 7 SPRINGBANK MEWS, and 74% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

7 SPRINGBANK MEWS: Plot and Title Map

7 SPRINGBANK MEWS sits on a plot of roughly 1.4 acres, or 5,551m². The below map shows the location of 7 SPRINGBANK MEWS, 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 SPRINGBANK MEWS). 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 SPRINGBANK MEWS?

7 SPRINGBANK MEWS is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 7 on SPRINGBANK MEWS.