31, FOREST CLOSE, WAKEFIELD, WF1 4TL - £160,000

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

31 FOREST CLOSE is a very small detached house of 46m², built sometime between 1976 and 1982, which could now be worth an estimated £249,615. It was last sold for £160,000 in September 2006, which was around 19% below the average September 2006 detached price in the Wakefield local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

31 FOREST CLOSE Sold Prices

Land registry data shows two sales for 31 FOREST 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 31 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
2006 12 SEP	£160,000	£198,355	19% below HPI
2000 24 MAR	£66,000	£80,157	18% below HPI

31 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 two 31 FOREST CLOSE sales from March 2000 and September 2006 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 March 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2006 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 31 FOREST CLOSE be worth now?

31 FOREST CLOSE might now be worth an estimated £249,615.

This is based on house price inflation of 56%, between September 2006 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 56% inflationary increase is applied to the most recent sale price for 31 FOREST CLOSE of £160,000 on 12th September 2006. For the value to have increased from £160,000 to £249,615 over the seventeen years and nine months to December 2024, the following assumptions must hold true:

• The value of 31 FOREST CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The September 2006 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 31 FOREST CLOSE has not materially changed since September 2006.

How Large is 31 FOREST CLOSE?

31 FOREST CLOSE is 46m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wakefield, and where 31 FOREST CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 31 FOREST CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

31 FOREST CLOSE: Plot and Title Map

31 FOREST CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 31 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 31 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 31 FOREST CLOSE?

31 FOREST CLOSE is located in WAKEFIELD, in the WF1 postcode district. The below map shows the position of No. 31 on FOREST CLOSE.