18, RIDINGS CLOSE, LOFTHOUSE, WAKEFIELD, WF3 3SD - £235,000

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

18 RIDINGS CLOSE is a very small extended detached house of 60m², built sometime between 1996 and 2002. It was last sold for £235,000 in October 2022, which was around 24% below the average October 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

18 RIDINGS CLOSE Sold Prices

Land registry data shows five sales for 18 RIDINGS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. All of the five 18 RIDINGS 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
2022 14 OCT	£235,000	£310,637	24% below HPI
2016 21 OCT	£164,950	£215,559	23% below HPI
2011 9 DEC	£122,500	£186,528	34% below HPI
2007 12 JUL	£157,000	£221,748	29% below HPI
1997 12 DEC	£52,500	£78,173	33% below HPI

18 RIDINGS 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 five 18 RIDINGS CLOSE sales between December 1997 and October 2022 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 October 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 18 RIDINGS CLOSE?

18 RIDINGS CLOSE is 60m², which includes one extension, according to the EPC inspection conducted in March 2022. 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 18 RIDINGS CLOSE lies on this distribution: 2% of detached houses are smaller than 18 RIDINGS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

18 RIDINGS CLOSE: Plot and Title Map

18 RIDINGS CLOSE sits on a plot of roughly 396.9 acres, or 1,606,288m². The below map shows the location of 18 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 18 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 18 RIDINGS CLOSE?

18 RIDINGS CLOSE is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 18 on RIDINGS CLOSE.