8, SHERWOOD DRIVE, WAKEFIELD, WF2 7QT - £240,000

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 SHERWOOD DRIVE is a small extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £240,000 in June 2015, which was around 18% above the average June 2015 detached price in the Wakefield local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

8 SHERWOOD DRIVE Sold Prices

Land registry data shows two sales for 8 SHERWOOD DRIVE 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 8 SHERWOOD DRIVE 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
2015 19 JUN	£240,000	£203,579	18% above HPI
1997 27 JUN	£96,500	£79,267	22% above HPI

8 SHERWOOD DRIVE 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 8 SHERWOOD DRIVE sales from June 1997 and June 2015 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 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2015 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 8 SHERWOOD DRIVE?

8 SHERWOOD DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in August 2014. 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 8 SHERWOOD DRIVE lies on this distribution: 26% of detached houses are smaller than 8 SHERWOOD DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

8 SHERWOOD DRIVE: Plot and Title Map

8 SHERWOOD DRIVE sits on a plot of roughly 2.0 acres, or 7,982m². The below map shows the location of 8 SHERWOOD DRIVE, 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 SHERWOOD DRIVE). 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 SHERWOOD DRIVE?

8 SHERWOOD DRIVE is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 8 on SHERWOOD DRIVE.