1, FOUNTAINS WAY, WAKEFIELD, WF1 4TQ - £195,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 FOUNTAINS WAY is a small extended detached house of 101m², built sometime between 1976 and 1982. It was last sold for £195,000 in February 2018, which was around 15% below the average February 2018 detached price in the Wakefield local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

1 FOUNTAINS WAY Sold Prices

Land registry data shows three sales for 1 FOUNTAINS WAY 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. All of the three 1 FOUNTAINS WAY sales 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
2018 22 FEB	£195,000	£228,519	15% below HPI
1997 17 JAN	£64,000	£77,332	17% below HPI
1995 19 JUL	£55,000	£77,066	29% below HPI

1 FOUNTAINS WAY 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 1 FOUNTAINS WAY sales between July 1995 and February 2018 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 January 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 FOUNTAINS WAY?

1 FOUNTAINS WAY is 101m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 1 FOUNTAINS WAY lies on this distribution: 34% of detached houses are smaller than 1 FOUNTAINS WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

1 FOUNTAINS WAY: Plot and Title Map

1 FOUNTAINS WAY sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 1 FOUNTAINS WAY, 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 1 FOUNTAINS WAY). 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 1 FOUNTAINS WAY?

1 FOUNTAINS WAY is located in WAKEFIELD, in the WF1 postcode district. The below map shows the position of No. 1 on FOUNTAINS WAY.