16, RIDINGS CLOSE, LOFTHOUSE, WAKEFIELD, WF3 3SD - £164,950

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

16 RIDINGS CLOSE is a very small semi-detached house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £290,790. It was last sold for £164,950 in May 2011, which was around 48% above the average May 2011 semi-detached price in the Wakefield local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

16 RIDINGS CLOSE Sold Prices

Land registry data shows two sales for 16 RIDINGS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wakefield local authority area for the corresponding sale date. Both of the two 16 RIDINGS 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
2011 19 MAY	£164,950	£111,159	48% above HPI
2002 8 NOV	£81,000	£67,854	19% above HPI

16 RIDINGS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wakefield local authority area over time, sourced from the HPI. The two 16 RIDINGS CLOSE sales from November 2002 and May 2011 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 November 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2011 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 16 RIDINGS CLOSE be worth now?

16 RIDINGS CLOSE might now be worth an estimated £290,790.

This is based on house price inflation of 76.3%, between May 2011 and December 2024, for semi-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 76.3% inflationary increase is applied to the most recent sale price for 16 RIDINGS CLOSE of £164,950 on 19th May 2011. For the value to have increased from £164,950 to £290,790 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of 16 RIDINGS CLOSE has moved in line with the HPI for semi-detached houses in the Wakefield local authority area.
• The May 2011 sale price of £164,950 represented a fair market value for the property.
• The size, condition, and specification of 16 RIDINGS CLOSE has not materially changed since May 2011.

How Large is 16 RIDINGS CLOSE?

16 RIDINGS CLOSE is 62m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of semi-detached houses houses in Wakefield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wakefield, and where 16 RIDINGS CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 16 RIDINGS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

16 RIDINGS CLOSE: Plot and Title Map

16 RIDINGS CLOSE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 16 RIDINGS 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 RIDINGS 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 RIDINGS CLOSE?

16 RIDINGS CLOSE is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 16 on RIDINGS CLOSE.