8, WESTGATE LANE, LOFTHOUSE, WAKEFIELD, WF3 3NJ - £245,000

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 WESTGATE LANE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £245,000 in December 2023, which was around 42% below the average December 2023 detached price in the Leeds local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

8 WESTGATE LANE Sold Prices

Land registry data shows two sales for 8 WESTGATE 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 Leeds local authority area for the corresponding sale date. Both of the two 8 WESTGATE 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 20 DEC	£245,000	£422,045	42% below HPI
2004 20 AUG	£128,000	£229,277	44% below HPI

8 WESTGATE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The two 8 WESTGATE LANE sales from August 2004 and December 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 August 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2023 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 8 WESTGATE LANE?

8 WESTGATE LANE is 63m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses in Lofthouse, based on EPC data. The below chart shows the distribution of detached houses by size in Lofthouse, and where 8 WESTGATE LANE lies on this distribution: 5% of detached houses are smaller than 8 WESTGATE LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Lofthouse.

8 WESTGATE LANE: Plot and Title Map

8 WESTGATE LANE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 8 WESTGATE 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 WESTGATE 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 WESTGATE LANE?

8 WESTGATE LANE is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 8 on WESTGATE LANE.