7, WALLACE GARDENS, LOFTHOUSE GATE, WAKEFIELD, WF3 3SL - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 WALLACE GARDENS is a large detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £407,151. It was last sold for £280,000 in June 2017, which was around 32% above the average June 2017 detached price in the Wakefield local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

7 WALLACE GARDENS Sold Prices

Land registry data shows two sales for 7 WALLACE GARDENS 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 WALLACE GARDENS 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
2017 23 JUN	£280,000	£212,812	32% above HPI
2015 18 DEC	£210,000	£198,522	6% above HPI

7 WALLACE GARDENS 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 WALLACE GARDENS sales from December 2015 and June 2017 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 December 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2017 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 7 WALLACE GARDENS be worth now?

7 WALLACE GARDENS might now be worth an estimated £407,151.

This is based on house price inflation of 45.4%, between June 2017 and December 2024, 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 45.4% inflationary increase is applied to the most recent sale price for 7 WALLACE GARDENS of £280,000 on 23rd June 2017. For the value to have increased from £280,000 to £407,151 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 7 WALLACE GARDENS has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The June 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WALLACE GARDENS has not materially changed since June 2017.

How Large is 7 WALLACE GARDENS?

7 WALLACE GARDENS is 128m² according to the EPC inspection conducted in October 2015. This puts it in the largest 40% 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 7 WALLACE GARDENS lies on this distribution: 66% of detached houses houses are smaller than 7 WALLACE GARDENS, and 32% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

7 WALLACE GARDENS: Plot and Title Map

7 WALLACE GARDENS sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 7 WALLACE GARDENS, 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 WALLACE GARDENS). 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 WALLACE GARDENS?

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