25, RIDINGS CLOSE, LOFTHOUSE, WAKEFIELD, WF3 3SD - £180,000

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.

25 RIDINGS CLOSE is a very small extended semi-detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £282,475. It was last sold for £180,000 in February 2016, which was around 45% above the average February 2016 semi-detached price in the Wakefield local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

25 RIDINGS CLOSE Sold Prices

Land registry data shows three sales for 25 RIDINGS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wakefield local authority area for the corresponding sale date. All of the three 25 RIDINGS 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
2016 5 FEB	£180,000	£124,160	45% above HPI
2015 5 OCT	£178,000	£121,448	47% above HPI
2004 10 JUN	£137,950	£101,027	37% above HPI

25 RIDINGS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wakefield local authority area over time, sourced from the HPI. The three 25 RIDINGS CLOSE sales between June 2004 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 October 2015 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the February 2016 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 25 RIDINGS CLOSE be worth now?

25 RIDINGS CLOSE might now be worth an estimated £282,475.

This is based on house price inflation of 56.9%, between February 2016 and February 2025, for semi-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 56.9% inflationary increase is applied to the most recent sale price for 25 RIDINGS CLOSE of £180,000 on 5th February 2016. For the value to have increased from £180,000 to £282,475 over the nine years to February 2025, the following assumptions must hold true:

• The value of 25 RIDINGS CLOSE has moved in line with the HPI for semi-detached houses in the Wakefield local authority area.
• The February 2016 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 25 RIDINGS CLOSE has not materially changed since February 2016.

How Large is 25 RIDINGS CLOSE?

25 RIDINGS CLOSE is 74m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of semi-detached houses houses in Wakefield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wakefield, and where 25 RIDINGS CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 25 RIDINGS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

25 RIDINGS CLOSE: Plot and Title Map

25 RIDINGS CLOSE sits on a plot of roughly 396.9 acres, or 1,606,288m². The below map shows the location of 25 RIDINGS 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 25 RIDINGS 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 25 RIDINGS CLOSE?

25 RIDINGS CLOSE is located in LOFTHOUSE, in the WF3 postcode district. The below map shows the position of No. 25 on RIDINGS CLOSE.