2, FAR RICHARD CLOSE, OSSETT, WF5 9NE - £305,000

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

2 FAR RICHARD CLOSE is a very large detached house of 180m², built sometime between 1976 and 1982. It was last sold for £305,000 in January 2022, which was around 6% above the average January 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

2 FAR RICHARD CLOSE Sold Prices

Land registry data shows three sales for 2 FAR RICHARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. All of the three 2 FAR RICHARD 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
2022 21 JAN	£305,000	£286,897	6% above HPI
2007 24 APR	£248,000	£213,180	16% above HPI
2000 6 JUL	£102,500	£87,191	18% above HPI

2 FAR RICHARD 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 three 2 FAR RICHARD CLOSE sales between July 2000 and January 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 April 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2022 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 FAR RICHARD CLOSE?

2 FAR RICHARD CLOSE is 180m² according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses in Ossett, based on EPC data. The below chart shows the distribution of detached houses by size in Ossett, and where 2 FAR RICHARD CLOSE lies on this distribution: 89% of detached houses are smaller than 2 FAR RICHARD CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Ossett.

2 FAR RICHARD CLOSE: Plot and Title Map

2 FAR RICHARD CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 2 FAR RICHARD 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 2 FAR RICHARD 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 2 FAR RICHARD CLOSE?

2 FAR RICHARD CLOSE is located in OSSETT, in the WF5 postcode district. The below map shows the position of No. 2 on FAR RICHARD CLOSE.