CRAIGLANDS, GILSTEAD LANE, BINGLEY, BD16 3LN - £425,000

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.

CRAIGLANDS is a large extended semi-detached house of 147m², built sometime between 1900 and 1929, which could now be worth an estimated £582,474. It was last sold for £425,000 in August 2018, which was around 197% above the average August 2018 semi-detached price in the Bradford local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

CRAIGLANDS Sold Prices

Land registry data shows three sales for CRAIGLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bradford local authority area for the corresponding sale date. All of the three CRAIGLANDS 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
2018 10 AUG	£425,000	£143,158	197% above HPI
2017 7 APR	£370,000	£134,006	176% above HPI
2002 28 MAR	£165,000	£52,714	213% above HPI

CRAIGLANDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bradford local authority area over time, sourced from the HPI. The three CRAIGLANDS sales between March 2002 and August 2018 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 2017 sale was for 176% above the HPI. So the extrapolation line tracks at 176% above the HPI over time, until the August 2018 sale, where it rises to 197% above the HPI. The line then continues to track at 197% above the HPI.

What might CRAIGLANDS be worth now?

CRAIGLANDS might now be worth an estimated £582,474.

This is based on house price inflation of 37.1%, between August 2018 and February 2025, for semi-detached houses, in the Bradford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.1% inflationary increase is applied to the most recent sale price for CRAIGLANDS of £425,000 on 10th August 2018. For the value to have increased from £425,000 to £582,474 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of CRAIGLANDS has moved in line with the HPI for semi-detached houses in the Bradford local authority area.
• The August 2018 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of CRAIGLANDS has not materially changed since August 2018.

How Large is CRAIGLANDS?

CRAIGLANDS is 147m², which includes three extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 40% of semi-detached houses houses in Bingley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bingley, and where CRAIGLANDS lies on this distribution: 62% of semi-detached houses houses are smaller than CRAIGLANDS, and 38% of houses are larger. Note that EPC data is not available for all properties in Bingley.

CRAIGLANDS: Plot and Title Map

CRAIGLANDS sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of CRAIGLANDS, 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 CRAIGLANDS). 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 CRAIGLANDS?

CRAIGLANDS is located on GILSTEAD LANE in BINGLEY, in the BD16 postcode district. The below map shows the position of CRAIGLANDS on GILSTEAD LANE.