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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 FAR RICHARD CLOSE is a very large detached house of 180m², built sometime between 1976 and 1982, which could now be worth an estimated £340,925. It was last sold for £305,000 in January 2022, which was around 11% 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	£275,781	11% above HPI
2007 24 APR	£248,000	£204,920	21% above HPI
2000 6 JUL	£102,500	£83,813	22% 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 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the January 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 FAR RICHARD CLOSE be worth now?

2 FAR RICHARD CLOSE might now be worth an estimated £340,925.

This is based on house price inflation of 11.8%, between January 2022 and February 2025, for 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 11.8% inflationary increase is applied to the most recent sale price for 2 FAR RICHARD CLOSE of £305,000 on 21st January 2022. For the value to have increased from £305,000 to £340,925 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 FAR RICHARD CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The January 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FAR RICHARD CLOSE has not materially changed since January 2022.

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 10% of detached houses houses in Ossett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ossett, and where 2 FAR RICHARD CLOSE lies on this distribution: 90% of detached houses 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.