12, OAKDALE CLOSE, LOFTHOUSE, WAKEFIELD, WF3 3SH - £250,000

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

12 OAKDALE CLOSE is a very small detached house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £278,309. It was last sold for £250,000 in February 2022, which was around 10% below the average February 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

12 OAKDALE CLOSE Sold Prices

Land registry data shows three sales for 12 OAKDALE 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 12 OAKDALE CLOSE 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
2022 15 FEB	£250,000	£277,975	10% below HPI
2017 31 AUG	£172,000	£220,422	22% below HPI
1995 6 DEC	£59,500	£71,734	17% below HPI

12 OAKDALE 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 12 OAKDALE CLOSE sales between December 1995 and February 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 August 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 12 OAKDALE CLOSE be worth now?

12 OAKDALE CLOSE might now be worth an estimated £278,309.

This is based on house price inflation of 11.3%, between February 2022 and December 2024, 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 11.3% inflationary increase is applied to the most recent sale price for 12 OAKDALE CLOSE of £250,000 on 15th February 2022. For the value to have increased from £250,000 to £278,309 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 12 OAKDALE CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The February 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OAKDALE CLOSE has not materially changed since February 2022.

How Large is 12 OAKDALE CLOSE?

12 OAKDALE CLOSE is 56m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% 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 12 OAKDALE CLOSE lies on this distribution: 1% of detached houses houses are smaller than 12 OAKDALE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

12 OAKDALE CLOSE: Plot and Title Map

12 OAKDALE CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 12 OAKDALE 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 12 OAKDALE 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 12 OAKDALE CLOSE?

12 OAKDALE CLOSE is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 12 on OAKDALE CLOSE.