15, SPEAK CLOSE, WAKEFIELD, WF1 4TG - £160,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 SPEAK CLOSE is a very small extended detached house of 65m², built sometime between 1976 and 1982. It was last sold for £160,000 in August 2017, which was around 30% below the average August 2017 detached price in the Wakefield local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was C.

15 SPEAK CLOSE Sold Prices

Land registry data shows six sales for 15 SPEAK CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. All of the six 15 SPEAK 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
2017 4 AUG	£160,000	£229,306	30% below HPI
2014 23 MAY	£155,000	£192,997	20% below HPI
2007 29 OCT	£157,000	£225,751	30% below HPI
2004 5 NOV	£134,950	£185,911	27% below HPI
2004 10 SEP	£133,000	£182,633	27% below HPI
1995 29 SEP	£49,000	£77,471	37% below HPI

15 SPEAK 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 six 15 SPEAK CLOSE sales between September 1995 and August 2017 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 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 15 SPEAK CLOSE?

15 SPEAK CLOSE is 65m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the smallest 10% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 15 SPEAK CLOSE lies on this distribution: 4% of detached houses are smaller than 15 SPEAK CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

15 SPEAK CLOSE: Plot and Title Map

15 SPEAK CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 15 SPEAK 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 SPEAK 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 SPEAK CLOSE?

15 SPEAK CLOSE is located in WAKEFIELD, in the WF1 postcode district. The below map shows the position of No. 15 on SPEAK CLOSE.