29, FOREST CLOSE, WAKEFIELD, WF1 4TL - £245,000

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

29 FOREST CLOSE is a small extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £245,000 in May 2022, which was around 17% below the average May 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

29 FOREST CLOSE Sold Prices

Land registry data shows three sales for 29 FOREST 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 29 FOREST 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
2022 30 MAY	£245,000	£294,266	17% below HPI
2001 9 AUG	£72,995	£94,982	23% below HPI
1996 13 JUN	£55,000	£75,098	27% below HPI

29 FOREST 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 29 FOREST CLOSE sales between June 1996 and May 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 August 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 29 FOREST CLOSE?

29 FOREST CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 29 FOREST CLOSE lies on this distribution: 30% of detached houses are smaller than 29 FOREST CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

29 FOREST CLOSE: Plot and Title Map

29 FOREST CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 29 FOREST 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 29 FOREST 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 29 FOREST CLOSE?

29 FOREST CLOSE is located in WAKEFIELD, in the WF1 postcode district. The below map shows the position of No. 29 on FOREST CLOSE.