Yes, that’s the one. There’s identical brickwork going down Mill Street West towards the bridge too, which was built at the same time as the station, probably by the railway also. It’s likely a similar bridge would have been used to get the railway over the Calder.
There was a heck of a lot of industry in the area at the time, as well as the famous wool trade the area was dotted with mines of various sizes, almost all served by rail, often using wagonways which were sometimes remarkably long themselves, certainly at least on a par with areas more famous for mining. One went from Brighouse to Low Moor, rope worked over a couple of serious inclines, one engine house was close to the Harefield Farm Shop, the pond near it was the reservoir for the engine. That line can still be followed if you know what you’re looking at right into the canal wharf at Brighouse. The extent of mining now’s largely forgotten, the wagonways almost totally.
I suspect like most newer lines the Midland’s line would have ignored these as they were already served by existing lines.