1, THE PALACE, AIRE STREET, KNOTTINGLEY, WF11 9AZ - £102,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE PALACE is a large semi-detached house of 107m², built sometime between 1996 and 2002. It was last sold for £102,500 in March 2006, which was around 46% below the average March 2006 detached price in the Wakefield local authority area. The most recent EPC inspection was December 2024, where the current energy rating was C, and the potential energy rating was B.

1 THE PALACE Sold Prices

Land registry data shows two sales for 1 THE PALACE 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. Both of the two 1 THE PALACE 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
2006 1 MAR	£102,500	£191,359	46% below HPI
2002 1 OCT	£72,000	£113,802	37% below HPI

1 THE PALACE 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 THE PALACE sales from October 2002 and March 2006 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 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2006 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 1 THE PALACE?

1 THE PALACE is 107m² according to the EPC inspection conducted in December 2024. This puts it in the largest 30% of detached houses in Knottingley, based on EPC data. The below chart shows the distribution of detached houses by size in Knottingley, and where 1 THE PALACE lies on this distribution: 78% of detached houses are smaller than 1 THE PALACE, and 22% of houses are larger. Note that EPC data is not available for all properties in Knottingley.

1 THE PALACE: Plot and Title Map

1 THE PALACE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 1 THE PALACE, 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 PALACE). 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 PALACE?

1 THE PALACE is located on AIRE STREET in KNOTTINGLEY, in the WF11 postcode district. The below map shows the position of 1 THE PALACE on AIRE STREET.