4, FOREST CLOSE, WAKEFIELD, WF1 4TL - £228,000

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

4 FOREST CLOSE is a very large extended detached house of 185m², built sometime between 1950 and 1966. It was last sold for £228,000 in July 2024, which was around 30% below the average July 2024 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2023, where the current energy rating was E, and the potential energy rating was B.

4 FOREST CLOSE Sold Prices

Land registry data shows four sales for 4 FOREST CLOSE 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 4 FOREST CLOSE 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
2024 15 JUL	£228,000	£325,563	30% below HPI
2006 18 SEP	£265,000	£206,349	28% above HPI
2003 7 NOV	£199,000	£158,708	25% above HPI
2001 18 MAY	£117,500	£90,927	29% above HPI

4 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 four 4 FOREST CLOSE sales between May 2001 and July 2024 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 September 2006 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 4 FOREST CLOSE?

4 FOREST CLOSE is 185m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 4 FOREST CLOSE lies on this distribution: 92% of detached houses are smaller than 4 FOREST CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

4 FOREST CLOSE: Plot and Title Map

4 FOREST CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 4 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 4 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 4 FOREST CLOSE?

4 FOREST CLOSE is located in WAKEFIELD, in the WF1 postcode district. The below map shows the position of No. 4 on FOREST CLOSE.