8, SILCOATES LANE, WRENTHORPE, WAKEFIELD, WF2 0NX - £240,000

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

8 SILCOATES LANE is a very small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £240,000 in February 2023, which was around 23% below the average February 2023 detached price in the Wakefield local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

8 SILCOATES LANE Sold Prices

Land registry data shows three sales for 8 SILCOATES LANE 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. All of the three 8 SILCOATES 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
2023 24 FEB	£240,000	£313,112	23% below HPI
2007 25 APR	£199,995	£213,180	6% below HPI
1999 22 MAR	£59,950	£81,444	26% below HPI

8 SILCOATES 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 three 8 SILCOATES LANE sales between March 1999 and February 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 April 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 SILCOATES LANE?

8 SILCOATES LANE is 84m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% 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 SILCOATES LANE lies on this distribution: 15% of detached houses are smaller than 8 SILCOATES LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

8 SILCOATES LANE: Plot and Title Map

8 SILCOATES LANE sits on a plot of roughly 112.5 acres, or 455,088m². The below map shows the location of 8 SILCOATES 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 8 SILCOATES 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 8 SILCOATES LANE?

8 SILCOATES LANE is located in WRENTHORPE, in the WF2 postcode district. The below map shows the position of No. 8 on SILCOATES LANE.