3, GEORGE CLOSE, OSSETT, WF5 9LS - £253,250

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.

3 GEORGE CLOSE is a small detached house of 92m², which could now be worth an estimated £291,721. It was last sold for £253,250 in September 2021, which was around 5% below the average September 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was A.

3 GEORGE CLOSE Sold Prices

Land registry data shows two sales for 3 GEORGE 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 3 GEORGE 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
2021 30 SEP	£253,250	£267,611	5% below HPI
2018 25 MAY	£194,000	£215,840	10% below HPI

3 GEORGE 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 3 GEORGE CLOSE sales from May 2018 and September 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 May 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 GEORGE CLOSE be worth now?

3 GEORGE CLOSE might now be worth an estimated £291,721.

This is based on house price inflation of 15.2%, between September 2021 and February 2025, for 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 15.2% inflationary increase is applied to the most recent sale price for 3 GEORGE CLOSE of £253,250 on 30th September 2021. For the value to have increased from £253,250 to £291,721 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 GEORGE CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The September 2021 sale price of £253,250 represented a fair market value for the property.
• The size, condition, and specification of 3 GEORGE CLOSE has not materially changed since September 2021.

How Large is 3 GEORGE CLOSE?

3 GEORGE CLOSE is 92m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses houses in Ossett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ossett, and where 3 GEORGE CLOSE lies on this distribution: 31% of detached houses houses are smaller than 3 GEORGE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ossett.

3 GEORGE CLOSE: Plot and Title Map

3 GEORGE CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 3 GEORGE 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 3 GEORGE 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 3 GEORGE CLOSE?

3 GEORGE CLOSE is located in OSSETT, in the WF5 postcode district. The below map shows the position of No. 3 on GEORGE CLOSE.