4, THE OAKES, WAKEFIELD, WF1 4FD - £250,000

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 THE OAKES is a small detached house of 103m², built sometime between 2003 and 2006. It was last sold for £250,000 in December 2008, which was around 26% above the average December 2008 detached price in the Wakefield local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

4 THE OAKES Sold Prices

Land registry data shows four sales for 4 THE OAKES 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. All of the four 4 THE OAKES 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
2008 19 DEC	£250,000	£198,199	26% above HPI
2007 31 JAN	£518,000	£210,222	146% above HPI
2006 18 AUG	£247,500	£206,177	20% above HPI
2004 28 APR	£275,000	£165,903	66% above HPI

4 THE OAKES 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 THE OAKES sales between April 2004 and December 2008 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 2007 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the December 2008 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 4 THE OAKES?

4 THE OAKES is 103m² according to the EPC inspection conducted in January 2022. 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 4 THE OAKES lies on this distribution: 36% of detached houses are smaller than 4 THE OAKES, and 64% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

4 THE OAKES: Plot and Title Map

4 THE OAKES sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 4 THE OAKES, 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 THE OAKES). 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 THE OAKES?

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