15, FERNLEA CLOSE, CROFTON, WAKEFIELD, WF4 1HY - £280,000

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

15 FERNLEA CLOSE is a very small extended detached house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £283,392. It was last sold for £280,000 in October 2024, which was around 8% below the average October 2024 detached price in the Wakefield local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

15 FERNLEA CLOSE Sold Prices

Land registry data shows two sales for 15 FERNLEA 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 15 FERNLEA 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
2024 25 OCT	£280,000	£305,748	8% below HPI
2017 17 MAY	£168,000	£210,978	20% below HPI

15 FERNLEA 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 15 FERNLEA CLOSE sales from May 2017 and October 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 May 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2024 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 15 FERNLEA CLOSE be worth now?

15 FERNLEA CLOSE might now be worth an estimated £283,392.

This is based on house price inflation of 1.2%, between October 2024 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 1.2% inflationary increase is applied to the most recent sale price for 15 FERNLEA CLOSE of £280,000 on 25th October 2024. For the value to have increased from £280,000 to £283,392 over the ten months to December 2024, the following assumptions must hold true:

• The value of 15 FERNLEA CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The October 2024 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FERNLEA CLOSE has not materially changed since October 2024.

How Large is 15 FERNLEA CLOSE?

15 FERNLEA CLOSE is 58m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses houses in Crofton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crofton, and where 15 FERNLEA CLOSE lies on this distribution: 2% of detached houses houses are smaller than 15 FERNLEA CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Crofton.

15 FERNLEA CLOSE: Plot and Title Map

15 FERNLEA CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 15 FERNLEA 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 FERNLEA 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 FERNLEA CLOSE?

15 FERNLEA CLOSE is located in CROFTON, in the WF4 postcode district. The below map shows the position of No. 15 on FERNLEA CLOSE.