1, THE OAKES, WAKEFIELD, WF1 4FD - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE OAKES is a small detached house of 105m², built sometime from 2007 onwards. It was last sold for £225,000 in November 2012, which was around 20% above the average November 2012 detached price in the Wakefield local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

1 THE OAKES Sold Prices

Land registry data shows three sales for 1 THE OAKES 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 THE OAKES 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
2012 7 NOV	£225,000	£186,748	20% above HPI
2011 5 AUG	£217,500	£193,966	12% above HPI
2008 15 FEB	£250,000	£218,191	15% above HPI

1 THE OAKES 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 THE OAKES sales between February 2008 and November 2012 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 August 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2012 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 1 THE OAKES?

1 THE OAKES is 105m² according to the EPC inspection conducted in September 2010. 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 THE OAKES lies on this distribution: 38% of detached houses are smaller than 1 THE OAKES, and 62% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

1 THE OAKES: Plot and Title Map

1 THE OAKES sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 1 THE OAKES, 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 THE OAKES). 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 THE OAKES?

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