CRAIGMOUNT, BUTTON PARK, PONTEFRACT, WF8 4HT - £248,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CRAIGMOUNT is a very large extended detached house of 231m², built sometime before 1900, which could now be worth an estimated £412,434. It was last sold for £248,500 in August 2011, which was around 33% above the average August 2011 detached price in the Wakefield local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

CRAIGMOUNT Sold Prices

Land registry data shows three sales for CRAIGMOUNT 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. One of the three CRAIGMOUNT sales was for above the average price, whilst two 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
2011 26 AUG	£248,500	£186,451	33% above HPI
2003 20 JUN	£136,000	£139,071	2% below HPI
2001 5 OCT	£73,000	£95,475	24% below HPI

CRAIGMOUNT 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 CRAIGMOUNT sales between October 2001 and August 2011 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 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2011 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might CRAIGMOUNT be worth now?

CRAIGMOUNT might now be worth an estimated £412,434.

This is based on house price inflation of 66%, between August 2011 and December 2024, for detached houses, in the Wakefield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66% inflationary increase is applied to the most recent sale price for CRAIGMOUNT of £248,500 on 26th August 2011. For the value to have increased from £248,500 to £412,434 over the twelve years and eight months to December 2024, the following assumptions must hold true:

• The value of CRAIGMOUNT has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The August 2011 sale price of £248,500 represented a fair market value for the property.
• The size, condition, and specification of CRAIGMOUNT has not materially changed since August 2011.

How Large is CRAIGMOUNT?

CRAIGMOUNT is 231m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 10% of detached houses houses in Pontefract, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pontefract, and where CRAIGMOUNT lies on this distribution: 98% of detached houses houses are smaller than CRAIGMOUNT, and 2% of houses are larger. Note that EPC data is not available for all properties in Pontefract.

CRAIGMOUNT: Plot and Title Map

CRAIGMOUNT sits on a plot of roughly 0.493 of an acre, or 1,994m². The below map shows the location of CRAIGMOUNT, 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 CRAIGMOUNT). 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 CRAIGMOUNT?

CRAIGMOUNT is located on BUTTON PARK in PONTEFRACT, in the WF8 postcode district. The below map shows the position of CRAIGMOUNT on BUTTON PARK.