OAKWELL, HOLME LANE, NEW MILL, HOLMFIRTH, HD9 7NQ - £660,000

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

OAKWELL is a very large extended detached house of 247m², built sometime between 1991 and 1995, which could now be worth an estimated £693,125. It was last sold for £660,000 in November 2022, which was around 103% above the average November 2022 detached price in the Kirklees local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

OAKWELL Sold Prices

Land registry data shows two sales for OAKWELL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Kirklees local authority area for the corresponding sale date. Both of the two OAKWELL 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
2022 29 NOV	£660,000	£325,567	103% above HPI
2002 10 MAY	£218,000	£107,906	102% above HPI

OAKWELL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Kirklees local authority area over time, sourced from the HPI. The two OAKWELL sales from May 2002 and November 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 2002 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the November 2022 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might OAKWELL be worth now?

OAKWELL might now be worth an estimated £693,125.

This is based on house price inflation of 5%, between November 2022 and December 2024, for detached houses, in the Kirklees local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5% inflationary increase is applied to the most recent sale price for OAKWELL of £660,000 on 29th November 2022. For the value to have increased from £660,000 to £693,125 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of OAKWELL has moved in line with the HPI for detached houses in the Kirklees local authority area.
• The November 2022 sale price of £660,000 represented a fair market value for the property.
• The size, condition, and specification of OAKWELL has not materially changed since November 2022.

How Large is OAKWELL?

OAKWELL is 247m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses houses in Lydgate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lydgate, and where OAKWELL lies on this distribution: 98% of detached houses houses are smaller than OAKWELL, and 2% of houses are larger. Note that EPC data is not available for all properties in Lydgate.

OAKWELL: Plot and Title Map

OAKWELL sits on a plot of roughly 0.351 of an acre, or 1,421m². The below map shows the location of OAKWELL, 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 OAKWELL). 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 OAKWELL?

OAKWELL is located on HOLME LANE in NEW MILL, in the HD9 postcode district. The below map shows the position of OAKWELL on HOLME LANE.