GRANGE LEA, NORTH BAILEYGATE, PONTEFRACT, WF8 2JG - £195,000

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.

GRANGE LEA is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £214,206. It was last sold for £195,000 in April 2022, which was around 31% below the average April 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

GRANGE LEA Sold Prices

Land registry data shows two sales for GRANGE LEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. Both of the two GRANGE LEA 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
2022 14 APR	£195,000	£280,624	31% below HPI
1995 12 MAY	£28,000	£72,333	61% below HPI

GRANGE LEA 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 two GRANGE LEA sales from May 1995 and April 2022 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 May 1995 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the April 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might GRANGE LEA be worth now?

GRANGE LEA might now be worth an estimated £214,206.

This is based on house price inflation of 9.8%, between April 2022 and February 2025, 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 9.8% inflationary increase is applied to the most recent sale price for GRANGE LEA of £195,000 on 14th April 2022. For the value to have increased from £195,000 to £214,206 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of GRANGE LEA has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The April 2022 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of GRANGE LEA has not materially changed since April 2022.

How Large is GRANGE LEA?

GRANGE LEA is 84m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% 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 GRANGE LEA lies on this distribution: 19% of detached houses houses are smaller than GRANGE LEA, and 80% of houses are larger. Note that EPC data is not available for all properties in Pontefract.

GRANGE LEA: Plot and Title Map

GRANGE LEA sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of GRANGE LEA, 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 GRANGE LEA). 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 GRANGE LEA?

GRANGE LEA is located on NORTH BAILEYGATE in PONTEFRACT, in the WF8 postcode district. The below map shows the position of GRANGE LEA on NORTH BAILEYGATE.