3, PENROSE PLACE, WAKEFIELD, WF2 7QG - £212,500

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

3 PENROSE PLACE is a small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £212,500 in September 2016, which was around 1% below the average September 2016 detached price in the Wakefield local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

3 PENROSE PLACE Sold Prices

Land registry data shows four sales for 3 PENROSE PLACE 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. Most of the four 3 PENROSE PLACE 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 9 SEP	£212,500	£215,378	1% below HPI
2016 31 AUG	£220,000	£215,828	2% above HPI
2002 19 JUL	£142,000	£110,857	28% above HPI
1998 10 JUL	£105,000	£79,505	32% above HPI

3 PENROSE PLACE 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 3 PENROSE PLACE sales between July 1998 and September 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 August 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 PENROSE PLACE?

3 PENROSE PLACE is 99m², which includes two extensions, according to the EPC inspection conducted in May 2016. 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 3 PENROSE PLACE lies on this distribution: 30% of detached houses are smaller than 3 PENROSE PLACE, and 69% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

3 PENROSE PLACE: Plot and Title Map

3 PENROSE PLACE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 3 PENROSE PLACE, 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 PENROSE PLACE). 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 PENROSE PLACE?

3 PENROSE PLACE is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 3 on PENROSE PLACE.