16, PARKINSON CLOSE, WAKEFIELD, WF1 4NR - £140,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 PARKINSON CLOSE is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £140,000 in December 2016, which was around 37% below the average December 2016 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

16 PARKINSON CLOSE Sold Prices

Land registry data shows four sales for 16 PARKINSON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. All of the four 16 PARKINSON 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
2016 15 DEC	£140,000	£221,497	37% below HPI
2000 25 FEB	£58,000	£82,879	30% below HPI
1998 13 MAR	£49,950	£79,214	37% below HPI
1998 6 MAR	£59,000	£79,214	26% below HPI

16 PARKINSON 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 four 16 PARKINSON CLOSE sales between March 1998 and December 2016 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 February 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 16 PARKINSON CLOSE?

16 PARKINSON CLOSE is 77m² according to the EPC inspection conducted in July 2016. 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 16 PARKINSON CLOSE lies on this distribution: 10% of detached houses are smaller than 16 PARKINSON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

16 PARKINSON CLOSE: Plot and Title Map

16 PARKINSON CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 16 PARKINSON 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 16 PARKINSON 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 16 PARKINSON CLOSE?

16 PARKINSON CLOSE is located in WAKEFIELD, in the WF1 postcode district. The below map shows the position of No. 16 on PARKINSON CLOSE.