8, MEREFIELD WAY, CASTLEFORD, WF10 4TD - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 MEREFIELD WAY is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £295,000 in July 2023, which was around 5% below the average July 2023 detached price in the Wakefield local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

8 MEREFIELD WAY Sold Prices

Land registry data shows three sales for 8 MEREFIELD WAY 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. Two of the three 8 MEREFIELD WAY sales were for below the average price, whilst one was 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
2023 21 JUL	£295,000	£309,326	5% below HPI
2007 25 MAY	£195,500	£216,678	10% below HPI
2001 29 JUN	£101,950	£91,106	12% above HPI

8 MEREFIELD 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 three 8 MEREFIELD WAY sales between June 2001 and July 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 May 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 MEREFIELD WAY?

8 MEREFIELD WAY is 109m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 50% of detached houses in Castleford, based on EPC data. The below chart shows the distribution of detached houses by size in Castleford, and where 8 MEREFIELD WAY lies on this distribution: 52% of detached houses are smaller than 8 MEREFIELD WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Castleford.

8 MEREFIELD WAY: Plot and Title Map

8 MEREFIELD WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 8 MEREFIELD 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 8 MEREFIELD 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 8 MEREFIELD WAY?

8 MEREFIELD WAY is located in CASTLEFORD, in the WF10 postcode district. The below map shows the position of No. 8 on MEREFIELD WAY.