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
43 CLEVELAND GROVE is a large extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £418,000 in August 2023, which was around 35% above the average August 2023 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 43 CLEVELAND GROVE 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. One of the two 43 CLEVELAND GROVE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2023 16 AUG | £418,000 | £310,565 | 35% above HPI |
2021 22 SEP | £260,000 | £278,397 | 7% 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 43 CLEVELAND GROVE sales from September 2021 and August 2023 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 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2023 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.
43 CLEVELAND GROVE is 144m², which includes four extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 43 CLEVELAND GROVE lies on this distribution: 80% of detached houses are smaller than 43 CLEVELAND GROVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Wakefield.
43 CLEVELAND GROVE sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 43 CLEVELAND GROVE, 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 43 CLEVELAND GROVE). 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.
43 CLEVELAND GROVE is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 43 on CLEVELAND GROVE.