71, CROSS LANE, WAKEFIELD, WF2 8DA - £124,000

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

71 CROSS LANE is a midsized extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £124,000 in November 2004, which was around 33% below the average November 2004 detached price in the Wakefield local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

71 CROSS LANE Sold Prices

Land registry data shows two sales for 71 CROSS 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 71 CROSS LANE 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
2004 12 NOV	£124,000	£185,911	33% below HPI
2000 11 AUG	£59,900	£88,730	32% below HPI

71 CROSS 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 71 CROSS LANE sales from August 2000 and November 2004 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 August 2000 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2004 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 71 CROSS LANE?

71 CROSS LANE is 115m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 71 CROSS LANE lies on this distribution: 52% of detached houses are smaller than 71 CROSS LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

71 CROSS LANE: Plot and Title Map

71 CROSS LANE sits on a plot of roughly 84.2 acres, or 340,938m². The below map shows the location of 71 CROSS 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 71 CROSS 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 71 CROSS LANE?

71 CROSS LANE is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 71 on CROSS LANE.