1, FOURTH AVENUE, WAKEFIELD, WF1 2HT - £238,000

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.

1 FOURTH AVENUE is a very small extended detached house of 87m², built sometime between 1900 and 1929, which could now be worth an estimated £315,362. It was last sold for £238,000 in March 2020, which was around 2% above the average March 2020 detached price in the Wakefield local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

1 FOURTH AVENUE Sold Prices

Land registry data shows two sales for 1 FOURTH AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. One of the two 1 FOURTH AVENUE sales was for above the average price, whilst the other was 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
2020 2 MAR	£238,000	£232,643	2% above HPI
2010 7 JUL	£110,000	£190,199	42% below HPI

1 FOURTH AVENUE 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 two 1 FOURTH AVENUE sales from July 2010 and March 2020 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 July 2010 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 1 FOURTH AVENUE be worth now?

1 FOURTH AVENUE might now be worth an estimated £315,362.

This is based on house price inflation of 32.5%, between March 2020 and February 2025, 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 32.5% inflationary increase is applied to the most recent sale price for 1 FOURTH AVENUE of £238,000 on 2nd March 2020. For the value to have increased from £238,000 to £315,362 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 1 FOURTH AVENUE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The March 2020 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FOURTH AVENUE has not materially changed since March 2020.

How Large is 1 FOURTH AVENUE?

1 FOURTH AVENUE is 87m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% 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 1 FOURTH AVENUE lies on this distribution: 17% of detached houses houses are smaller than 1 FOURTH AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

1 FOURTH AVENUE: Plot and Title Map

1 FOURTH AVENUE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 1 FOURTH AVENUE, 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 FOURTH AVENUE). 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 FOURTH AVENUE?

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