18, PARK SQUARE, OSSETT, WF5 0JS - £143,000

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.

18 PARK SQUARE is a large extended terraced house of 79m², built sometime between 1900 and 1929, which could now be worth an estimated £198,595. It was last sold for £143,000 in October 2019, which was around 26% above the average October 2019 terraced price in the Wakefield local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

18 PARK SQUARE Sold Prices

Land registry data shows three sales for 18 PARK SQUARE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wakefield local authority area for the corresponding sale date. All of the three 18 PARK SQUARE 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 25 OCT	£143,000	£113,306	26% above HPI
2004 15 OCT	£105,000	£85,876	22% above HPI
2003 16 MAY	£85,000	£59,254	43% above HPI

18 PARK SQUARE 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 18 PARK SQUARE sales between May 2003 and October 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 October 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 18 PARK SQUARE be worth now?

18 PARK SQUARE might now be worth an estimated £198,595.

This is based on house price inflation of 38.9%, between October 2019 and May 2026, for terraced 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 38.9% inflationary increase is applied to the most recent sale price for 18 PARK SQUARE of £143,000 on 25th October 2019. For the value to have increased from £143,000 to £198,595 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 18 PARK SQUARE has moved in line with the HPI for terraced houses in the Wakefield local authority area.
• The October 2019 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PARK SQUARE has not materially changed since October 2019.

How Large is 18 PARK SQUARE?

18 PARK SQUARE is 79m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of terraced houses in Ossett, based on EPC data. The below chart shows the distribution of terraced houses by size in Ossett, and where 18 PARK SQUARE lies on this distribution: 63% of terraced houses are smaller than 18 PARK SQUARE, and 35% of terraced houses are larger. Note that EPC data is not available for all properties in Ossett.

18 PARK SQUARE: Plot

18 PARK SQUARE sits on a plot of roughly 62.0 acres, or 251,059m².

Where is 18 PARK SQUARE?

18 PARK SQUARE is located in OSSETT, in the WF5 postcode district. The below map shows the position of No. 18 on PARK SQUARE.