1, GEORGE CLOSE, OSSETT, WF5 9LS - £317,500

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.

1 GEORGE CLOSE is a midsized detached house of 116m², which could now be worth an estimated £331,320. It was last sold for £317,500 in August 2022, which was around 7% above the average August 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was A.

1 GEORGE CLOSE Sold Prices

Land registry data shows two sales for 1 GEORGE CLOSE 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 GEORGE CLOSE 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
2022 14 AUG	£317,500	£295,406	7% above HPI
2017 27 JUL	£210,000	£217,388	3% below HPI

1 GEORGE 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 two 1 GEORGE CLOSE sales from July 2017 and August 2022 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 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 1 GEORGE CLOSE be worth now?

1 GEORGE CLOSE might now be worth an estimated £331,320.

This is based on house price inflation of 4.4%, between August 2022 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 4.4% inflationary increase is applied to the most recent sale price for 1 GEORGE CLOSE of £317,500 on 14th August 2022. For the value to have increased from £317,500 to £331,320 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 1 GEORGE CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The August 2022 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GEORGE CLOSE has not materially changed since August 2022.

How Large is 1 GEORGE CLOSE?

1 GEORGE CLOSE is 116m² according to the EPC inspection conducted in April 2017. This puts it in the largest 50% of detached houses houses in Ossett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ossett, and where 1 GEORGE CLOSE lies on this distribution: 56% of detached houses houses are smaller than 1 GEORGE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Ossett.

1 GEORGE CLOSE: Plot and Title Map

1 GEORGE CLOSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 1 GEORGE 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 1 GEORGE 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 1 GEORGE CLOSE?

1 GEORGE CLOSE is located in OSSETT, in the WF5 postcode district. The below map shows the position of No. 1 on GEORGE CLOSE.