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 SOUTH TERRACE is a midsized extended detached house of 108m², built sometime between 1900 and 1929. It was last sold for £165,000 in April 2021, which was around 38% below the average April 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 4 SOUTH TERRACE since 1st 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 4 SOUTH TERRACE 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 |
---|---|---|---|
2021 23 APR | £165,000 | £265,689 | 38% below HPI |
2014 29 SEP | £96,000 | £199,975 | 52% below HPI |
The below graph shows the average detached house price in the Wakefield local authority area over time, sourced from the HPI. The two 4 SOUTH TERRACE sales from September 2014 and April 2021 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 2014 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the April 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
4 SOUTH TERRACE is 108m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 50% of detached houses in Ossett, based on EPC data. The below chart shows the distribution of detached houses by size in Ossett, and where 4 SOUTH TERRACE lies on this distribution: 49% of detached houses are smaller than 4 SOUTH TERRACE, and 50% of houses are larger. Note that EPC data is not available for all properties in Ossett.
4 SOUTH TERRACE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 4 SOUTH TERRACE, 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 SOUTH TERRACE). 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.
4 SOUTH TERRACE is located in OSSETT, in the WF5 postcode district. The below map shows the position of No. 4 on SOUTH TERRACE.