3, OLDFIELD CLOSE, OSSETT, WF5 9BG - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 OLDFIELD CLOSE is a midsized extended detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £354,381. It was last sold for £340,000 in November 2022, which was around 15% above the average November 2022 detached price in the Wakefield local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

3 OLDFIELD CLOSE Sold Prices

Land registry data shows three sales for 3 OLDFIELD 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. Two of the three 3 OLDFIELD CLOSE sales were for above the average price, whilst one was 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 25 NOV	£340,000	£296,894	15% above HPI
2007 16 FEB	£188,000	£202,631	7% below HPI
2004 17 SEP	£189,995	£175,557	8% above HPI

3 OLDFIELD 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 3 OLDFIELD CLOSE sales between September 2004 and November 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 February 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 OLDFIELD CLOSE be worth now?

3 OLDFIELD CLOSE might now be worth an estimated £354,381.

This is based on house price inflation of 4.2%, between November 2022 and December 2024, 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 4.2% inflationary increase is applied to the most recent sale price for 3 OLDFIELD CLOSE of £340,000 on 25th November 2022. For the value to have increased from £340,000 to £354,381 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 OLDFIELD CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The November 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLDFIELD CLOSE has not materially changed since November 2022.

How Large is 3 OLDFIELD CLOSE?

3 OLDFIELD CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% 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 OLDFIELD CLOSE lies on this distribution: 49% of detached houses houses are smaller than 3 OLDFIELD CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Ossett.

3 OLDFIELD CLOSE: Plot and Title Map

3 OLDFIELD CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 3 OLDFIELD 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 OLDFIELD 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 OLDFIELD CLOSE?

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