1, VIRGINIA CLOSE, LOFTHOUSE, WAKEFIELD, WF3 3TB - £390,000

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 VIRGINIA CLOSE is a large extended detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £400,404. It was last sold for £390,000 in July 2024, which was around 30% above the average July 2024 detached price in the Wakefield local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

1 VIRGINIA CLOSE Sold Prices

Land registry data shows three sales for 1 VIRGINIA CLOSE 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 VIRGINIA CLOSE 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
2024 16 JUL	£390,000	£300,254	30% above HPI
2002 9 AUG	£170,000	£108,670	56% above HPI
1996 1 MAR	£87,000	£69,971	24% above HPI

1 VIRGINIA 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 three 1 VIRGINIA CLOSE sales between March 1996 and July 2024 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 2002 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the July 2024 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 1 VIRGINIA CLOSE be worth now?

1 VIRGINIA CLOSE might now be worth an estimated £400,404.

This is based on house price inflation of 2.7%, between July 2024 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 2.7% inflationary increase is applied to the most recent sale price for 1 VIRGINIA CLOSE of £390,000 on 16th July 2024. For the value to have increased from £390,000 to £400,404 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 1 VIRGINIA CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The July 2024 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 1 VIRGINIA CLOSE has not materially changed since July 2024.

How Large is 1 VIRGINIA CLOSE?

1 VIRGINIA CLOSE is 125m², which includes three extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 40% 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 VIRGINIA CLOSE lies on this distribution: 63% of detached houses houses are smaller than 1 VIRGINIA CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

1 VIRGINIA CLOSE: Plot and Title Map

1 VIRGINIA CLOSE sits on a plot of roughly 396.9 acres, or 1,606,288m². The below map shows the location of 1 VIRGINIA 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 VIRGINIA 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 VIRGINIA CLOSE?

1 VIRGINIA CLOSE is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 1 on VIRGINIA CLOSE.