2, LAITHES CLOSE, WAKEFIELD, WF2 9TN - £167,000

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 LAITHES CLOSE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £167,000 in February 2016, which was around 20% below the average February 2016 detached price in the Wakefield local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

2 LAITHES CLOSE Sold Prices

Land registry data shows two sales for 2 LAITHES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. Both of the two 2 LAITHES 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 5 FEB	£167,000	£208,649	20% below HPI
1998 18 DEC	£66,995	£80,548	17% below HPI

2 LAITHES 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 two 2 LAITHES CLOSE sales from December 1998 and February 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 December 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 LAITHES CLOSE?

2 LAITHES CLOSE is 75m² according to the EPC inspection conducted in September 2015. 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 2 LAITHES CLOSE lies on this distribution: 8% of detached houses are smaller than 2 LAITHES CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

2 LAITHES CLOSE: Plot and Title Map

2 LAITHES CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 2 LAITHES 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 LAITHES 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 LAITHES CLOSE?

2 LAITHES CLOSE is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 2 on LAITHES CLOSE.