2, MELBOURNE AVENUE, WRENTHORPE, WAKEFIELD, WF2 0LT - £186,000

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 MELBOURNE AVENUE is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £186,000 in April 2021, which was around 30% below the average April 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

2 MELBOURNE AVENUE Sold Prices

Land registry data shows two sales for 2 MELBOURNE AVENUE 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 MELBOURNE AVENUE 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
2021 20 APR	£186,000	£265,689	30% below HPI
2003 12 AUG	£92,500	£150,904	39% below HPI

2 MELBOURNE AVENUE 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 MELBOURNE AVENUE sales from August 2003 and April 2021 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 August 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 MELBOURNE AVENUE?

2 MELBOURNE AVENUE is 59m² according to the EPC inspection conducted in October 2020. 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 MELBOURNE AVENUE lies on this distribution: 2% of detached houses are smaller than 2 MELBOURNE AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

2 MELBOURNE AVENUE: Plot and Title Map

2 MELBOURNE AVENUE sits on a plot of roughly 67.3 acres, or 272,232m². The below map shows the location of 2 MELBOURNE AVENUE, 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 MELBOURNE AVENUE). 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 MELBOURNE AVENUE?

2 MELBOURNE AVENUE is located in WRENTHORPE, in the WF2 postcode district. The below map shows the position of No. 2 on MELBOURNE AVENUE.