2, Canal Lane
2, Canal Lane
Description & Estimates
Public records show 2, Canal Lane, Wakefield to be a mid-century freehold house with 914 ft2 of internal area, sitting on a 294 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Canal Lane, Wakefield has an estimated sale value of £261,144 and an estimated rental value of £1,229 per month, assuming reasonable condition and based on the information available.
Canal Lane, Lofthouse, Wakefield, WF3 lies in the borough of Wakefield, within the WF3 postal district.
Our Data Sources
2, Canal Lane, Wakefield has 51 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Canal Lane, Wakefield would be worth £274,201, with a potential rental value of £1,291 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £242,864, with a rental value of £1,143 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Canal Lane, Wakefield has increased by £5,687 (2.2%) over the last year. During the same period, its estimated monthly rental value has grown by £49 (3.9%). The property's estimated gross yield is currently 5.6%.
Plot Size
2, Canal Lane, Wakefield occupies a 294 m2 plot as recorded by HM Land Registry.
Of the 20 other houses in this postcode, 18 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
2, Canal Lane, Wakefield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Aug 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Canal Lane, Wakefield last changed hands on 30th November 2018, selling for £210,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has risen by 37.6% since November 2018.
- Sold Nov 2018£210,000
- Sold Mar 2009£160,000
- Sold Jun 2003£164,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 2, Canal Lane, Wakefield across the last 2 years.
Most recently, 13, Philips Grove, Wakefield, WF3 3LZ, a freehold house, sold at £182,000 on the 20th March 2026.
Read more about house prices in WF3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Canal Lane, Wakefield as the 57th largest and the 39th most expensive of the 104 addresses on Canal Lane, Lofthouse, Wakefield, WF3.
Against the WF3 postcode district average, it is £2k more expensive than the typical property.
More reading links
Schools Nearby
- 200mOutwood Primary Academy Lofthouse Gate
- 800mRooks Nest Academy
- 1.0kmOutwood Primary Academy Ledger Lane
- 1.5kmOutwood Grange Academy
- 1.6kmRodillian Academy
- 3.3kmOulton Academy
More reading links
Public Transport Nearby
Outwood station is the nearest stop to 2, Canal Lane, Wakefield at 1.0 kilometres away.
- 1.0kmOutwood
- 3.9kmWakefield Westgate
- 4.2kmWakefield Kirkgate
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
