7, TOWERS LANE, CROFTON, WAKEFIELD, WF4 1PT - £412,500

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 TOWERS LANE is a very large extended detached house of 189m², built sometime between 1950 and 1966. It was last sold for £412,500 in October 2019, which was around 71% above the average October 2019 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

7 TOWERS LANE Sold Prices

Land registry data shows two sales for 7 TOWERS LANE 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 7 TOWERS LANE 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
2019 10 OCT	£412,500	£241,065	71% above HPI
1997 30 JUN	£170,000	£79,267	114% above HPI

7 TOWERS LANE 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 TOWERS LANE sales from June 1997 and October 2019 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 June 1997 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the October 2019 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 7 TOWERS LANE?

7 TOWERS LANE is 189m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses in Crofton, based on EPC data. The below chart shows the distribution of detached houses by size in Crofton, and where 7 TOWERS LANE lies on this distribution: 96% of detached houses are smaller than 7 TOWERS LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Crofton.

7 TOWERS LANE: Plot and Title Map

7 TOWERS LANE sits on a plot of roughly 0.484 of an acre, or 1,957m². The below map shows the location of 7 TOWERS LANE, 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 TOWERS LANE). 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 TOWERS LANE?

7 TOWERS LANE is located in CROFTON, in the WF4 postcode district. The below map shows the position of No. 7 on TOWERS LANE.