3, SAVILLE PARK, OSSETT, WF5 0JT - £165,500

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 SAVILLE PARK is a very small extended detached house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £214,604. It was last sold for £165,500 in August 2020, which was around 30% below the average August 2020 detached price in the Wakefield local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

3 SAVILLE PARK Sold Prices

Land registry data shows three sales for 3 SAVILLE PARK 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 3 SAVILLE PARK 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
2020 24 AUG	£165,500	£235,774	30% below HPI
2004 30 JAN	£130,000	£153,568	15% below HPI
1999 11 JUN	£67,000	£78,489	15% below HPI

3 SAVILLE PARK 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 SAVILLE PARK sales between June 1999 and August 2020 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 January 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 SAVILLE PARK be worth now?

3 SAVILLE PARK might now be worth an estimated £214,604.

This is based on house price inflation of 29.7%, between August 2020 and March 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 29.7% inflationary increase is applied to the most recent sale price for 3 SAVILLE PARK of £165,500 on 24th August 2020. For the value to have increased from £165,500 to £214,604 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of 3 SAVILLE PARK has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The August 2020 sale price of £165,500 represented a fair market value for the property.
• The size, condition, and specification of 3 SAVILLE PARK has not materially changed since August 2020.

How Large is 3 SAVILLE PARK?

3 SAVILLE PARK is 60m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% 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 SAVILLE PARK lies on this distribution: 5% of detached houses houses are smaller than 3 SAVILLE PARK, and 95% of houses are larger. Note that EPC data is not available for all properties in Ossett.

3 SAVILLE PARK: Plot and Title Map

3 SAVILLE PARK sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 3 SAVILLE PARK, 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 SAVILLE PARK). 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 SAVILLE PARK?

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