LYNWOOD, RUNTLINGS LANE, OSSETT, WF5 8JL - £328,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LYNWOOD is a very small extended detached house of 49m², built sometime between 1930 and 1949. It was last sold for £328,000 in January 2022, which was around 14% above the average January 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

LYNWOOD Sold Prices

Land registry data shows two sales for LYNWOOD 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. One of the two LYNWOOD sales was for above the average price, whilst the other was 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 10 JAN	£328,000	£286,897	14% above HPI
2012 27 JUL	£145,000	£190,048	24% below HPI

LYNWOOD 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 LYNWOOD sales from July 2012 and January 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 July 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is LYNWOOD?

LYNWOOD is 49m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses in Ossett, based on EPC data. The below chart shows the distribution of detached houses by size in Ossett, and where LYNWOOD lies on this distribution: 1% of detached houses are smaller than LYNWOOD, and 99% of houses are larger. Note that EPC data is not available for all properties in Ossett.

LYNWOOD: Plot and Title Map

LYNWOOD sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of LYNWOOD, 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 LYNWOOD). 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 LYNWOOD?

LYNWOOD is located on RUNTLINGS LANE in OSSETT, in the WF5 postcode district. The below map shows the position of LYNWOOD on RUNTLINGS LANE.