5, OAKDALE CLOSE, LOFTHOUSE, WAKEFIELD, WF3 3SH - £212,500

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.

5 OAKDALE CLOSE is a very small detached house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £338,715. It was last sold for £212,500 in November 2015, which was around 8% above the average November 2015 detached price in the Wakefield local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

5 OAKDALE CLOSE Sold Prices

Land registry data shows three sales for 5 OAKDALE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. One of the three 5 OAKDALE CLOSE sales was for above the average price, whilst two were 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
2015 6 NOV	£212,500	£196,078	8% above HPI
2002 27 MAR	£89,950	£100,287	10% below HPI
1996 18 JUL	£62,000	£72,662	15% below HPI

5 OAKDALE CLOSE 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 three 5 OAKDALE CLOSE sales between July 1996 and November 2015 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 March 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2015 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 5 OAKDALE CLOSE be worth now?

5 OAKDALE CLOSE might now be worth an estimated £338,715.

This is based on house price inflation of 59.4%, between November 2015 and May 2026, 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 59.4% inflationary increase is applied to the most recent sale price for 5 OAKDALE CLOSE of £212,500 on 6th November 2015. For the value to have increased from £212,500 to £338,715 over the eleven years and six months to May 2026, the following assumptions must hold true:

• The value of 5 OAKDALE CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The November 2015 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 5 OAKDALE CLOSE has not materially changed since November 2015.

How Large is 5 OAKDALE CLOSE?

5 OAKDALE CLOSE is 56m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wakefield, and where 5 OAKDALE CLOSE lies on this distribution: 1% of detached houses houses are smaller than 5 OAKDALE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

5 OAKDALE CLOSE: Plot and Title Map

5 OAKDALE CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 5 OAKDALE CLOSE, 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 5 OAKDALE CLOSE). 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 5 OAKDALE CLOSE?

5 OAKDALE CLOSE is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 5 on OAKDALE CLOSE.