1, VIRGINIA CLOSE, LOFTHOUSE, WAKEFIELD, WF3 3TB - £170,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 VIRGINIA CLOSE is a large extended detached house of 125m², built sometime between 1996 and 2002. It was last sold for £170,000 in August 2002, which was around 50% above the average August 2002 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 two sales for 1 VIRGINIA 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. Both of the two 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
2002 9 AUG	£170,000	£113,050	50% above HPI
1996 1 MAR	£87,000	£72,791	20% 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 two 1 VIRGINIA CLOSE sales from March 1996 and August 2002 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 March 1996 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2002 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

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 in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 1 VIRGINIA CLOSE lies on this distribution: 63% of detached 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 0.076 of an acre, or 309m². 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.