2, ORCHID VIEW, WAKEFIELD, WF2 0FG - £195,000

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 ORCHID VIEW is a small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £195,000 in November 2017, which was around 14% below the average November 2017 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

2 ORCHID VIEW Sold Prices

Land registry data shows four sales for 2 ORCHID VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. The four 2 ORCHID VIEW sales were a mix of below the average price, and roughly equal to 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
2017 6 NOV	£195,000	£226,796	14% below HPI
2017 27 SEP	£200,000	£229,829	13% below HPI
2009 24 JUL	£175,000	£191,679	9% below HPI
2001 12 DEC	£99,950	£100,353	Close to HPI

2 ORCHID VIEW 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 four 2 ORCHID VIEW sales between December 2001 and November 2017 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 September 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 ORCHID VIEW?

2 ORCHID VIEW is 90m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% 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 ORCHID VIEW lies on this distribution: 22% of detached houses are smaller than 2 ORCHID VIEW, and 77% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

2 ORCHID VIEW: Plot and Title Map

2 ORCHID VIEW sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 2 ORCHID VIEW, 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 ORCHID VIEW). 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 ORCHID VIEW?

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