BLACKSMITHS COTTAGE, GRANGE FARM, LEEDS ROAD, LOFTHOUSE, WAKEFIELD, WF3 3QQ - £440,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BLACKSMITHS COTTAGE is a midsized extended terraced house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £485,078. It was last sold for £440,000 in March 2023, which was around 141% above the average March 2023 terraced price in the Leeds local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

BLACKSMITHS COTTAGE Sold Prices

Land registry data shows five sales for BLACKSMITHS COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Leeds local authority area for the corresponding sale date. Most of the five BLACKSMITHS COTTAGE 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 31 MAR	£440,000	£182,341	141% above HPI
2022 27 JUN	£145,000	£181,088	20% below HPI
2008 4 JAN	£150,000	£128,277	17% above HPI
2007 8 JUN	£120,000	£125,792	5% below HPI
1999 23 SEP	£34,000	£42,292	20% below HPI

BLACKSMITHS COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Leeds local authority area over time, sourced from the HPI. The five BLACKSMITHS COTTAGE sales between September 1999 and March 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 June 2022 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2023 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

What might BLACKSMITHS COTTAGE be worth now?

BLACKSMITHS COTTAGE might now be worth an estimated £485,078.

This is based on house price inflation of 10.2%, between March 2023 and February 2025, for terraced houses, in the Leeds local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.2% inflationary increase is applied to the most recent sale price for BLACKSMITHS COTTAGE of £440,000 on 31st March 2023. For the value to have increased from £440,000 to £485,078 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of BLACKSMITHS COTTAGE has moved in line with the HPI for terraced houses in the Leeds local authority area.
• The March 2023 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of BLACKSMITHS COTTAGE has not materially changed since March 2023.

How Large is BLACKSMITHS COTTAGE?

BLACKSMITHS COTTAGE is 106m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of terraced houses houses in Lofthouse, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lofthouse, and where BLACKSMITHS COTTAGE lies on this distribution: 55% of terraced houses houses are smaller than BLACKSMITHS COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Lofthouse.

BLACKSMITHS COTTAGE: Plot and Title Map

BLACKSMITHS COTTAGE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of BLACKSMITHS COTTAGE, 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 BLACKSMITHS COTTAGE). 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 BLACKSMITHS COTTAGE?

BLACKSMITHS COTTAGE, GRANGE FARM is located on LEEDS ROAD in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of BLACKSMITHS COTTAGE, GRANGE FARM on LEEDS ROAD.