WHEATCROFT, FEARNLEY DRIVE, OSSETT, WF5 9EU - £440,000

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.

WHEATCROFT is a very large extended detached house of 172m², built sometime between 1930 and 1949, which could now be worth an estimated £594,512. It was last sold for £440,000 in June 2019, which was around 93% above the average June 2019 detached price in the Wakefield local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was C.

WHEATCROFT Sold Prices

Land registry data shows two sales for WHEATCROFT 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 WHEATCROFT 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
2019 6 JUN	£440,000	£228,147	93% above HPI
1998 18 FEB	£97,000	£75,546	28% above HPI

WHEATCROFT 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 WHEATCROFT sales from February 1998 and June 2019 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 February 1998 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2019 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might WHEATCROFT be worth now?

WHEATCROFT might now be worth an estimated £594,512.

This is based on house price inflation of 35.1%, between June 2019 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 35.1% inflationary increase is applied to the most recent sale price for WHEATCROFT of £440,000 on 6th June 2019. For the value to have increased from £440,000 to £594,512 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of WHEATCROFT has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The June 2019 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of WHEATCROFT has not materially changed since June 2019.

How Large is WHEATCROFT?

WHEATCROFT is 172m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses houses in Ossett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ossett, and where WHEATCROFT lies on this distribution: 87% of detached houses houses are smaller than WHEATCROFT, and 12% of houses are larger. Note that EPC data is not available for all properties in Ossett.

WHEATCROFT: Plot and Title Map

WHEATCROFT sits on a plot of roughly 0.257 of an acre, or 1,042m². The below map shows the location of WHEATCROFT, 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 WHEATCROFT). 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 WHEATCROFT?

WHEATCROFT is located on FEARNLEY DRIVE in OSSETT, in the WF5 postcode district. The below map shows the position of WHEATCROFT on FEARNLEY DRIVE.