15, FAR RICHARD CLOSE, OSSETT, WF5 9NE - £250,000

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.

15 FAR RICHARD CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £337,791. It was last sold for £250,000 in June 2019, which was around 10% above the average June 2019 detached price in the Wakefield local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

15 FAR RICHARD CLOSE Sold Prices

Land registry data shows three sales for 15 FAR RICHARD 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 15 FAR RICHARD 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
2019 27 JUN	£250,000	£228,147	10% above HPI
2015 7 JUL	£234,950	£196,085	20% above HPI
1998 9 SEP	£89,950	£77,447	16% above HPI

15 FAR RICHARD 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 15 FAR RICHARD CLOSE sales between September 1998 and June 2019 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 July 2015 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 15 FAR RICHARD CLOSE be worth now?

15 FAR RICHARD CLOSE might now be worth an estimated £337,791.

This is based on house price inflation of 35.1%, between June 2019 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 35.1% inflationary increase is applied to the most recent sale price for 15 FAR RICHARD CLOSE of £250,000 on 27th June 2019. For the value to have increased from £250,000 to £337,791 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 15 FAR RICHARD CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The June 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FAR RICHARD CLOSE has not materially changed since June 2019.

How Large is 15 FAR RICHARD CLOSE?

15 FAR RICHARD CLOSE is 78m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses houses in Ossett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ossett, and where 15 FAR RICHARD CLOSE lies on this distribution: 17% of detached houses houses are smaller than 15 FAR RICHARD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ossett.

15 FAR RICHARD CLOSE: Plot and Title Map

15 FAR RICHARD CLOSE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 15 FAR RICHARD 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 15 FAR RICHARD 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 15 FAR RICHARD CLOSE?

15 FAR RICHARD CLOSE is located in OSSETT, in the WF5 postcode district. The below map shows the position of No. 15 on FAR RICHARD CLOSE.