41, SPEAK CLOSE, WAKEFIELD, WF1 4TG - £168,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

41 SPEAK CLOSE is a small detached house of 103m², built sometime between 1983 and 1990. It was last sold for £168,500 in October 2016, which was around 22% below the average October 2016 detached price in the Wakefield local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

41 SPEAK CLOSE Sold Prices

Land registry data shows three sales for 41 SPEAK CLOSE 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 41 SPEAK 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
2016 31 OCT	£168,500	£215,559	22% below HPI
2009 9 JAN	£140,000	£197,210	29% below HPI
1996 13 SEP	£51,500	£77,240	33% below HPI

41 SPEAK 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 three 41 SPEAK CLOSE sales between September 1996 and October 2016 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 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 41 SPEAK CLOSE?

41 SPEAK CLOSE is 103m² according to the EPC inspection conducted in February 2023. 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 41 SPEAK CLOSE lies on this distribution: 36% of detached houses are smaller than 41 SPEAK CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

41 SPEAK CLOSE: Plot and Title Map

41 SPEAK CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 41 SPEAK 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 41 SPEAK 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 41 SPEAK CLOSE?

41 SPEAK CLOSE is located in WAKEFIELD, in the WF1 postcode district. The below map shows the position of No. 41 on SPEAK CLOSE.