47, FOREST CLOSE, WAKEFIELD, WF1 4TL - £125,000

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

47 FOREST CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £125,000 in October 2012, which was around 33% below the average October 2012 detached price in the Wakefield local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

47 FOREST CLOSE Sold Prices

Land registry data shows three sales for 47 FOREST 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 47 FOREST 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
2012 5 OCT	£125,000	£186,813	33% below HPI
2001 24 AUG	£69,950	£94,982	26% below HPI
1995 15 DEC	£53,500	£74,625	28% below HPI

47 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 three 47 FOREST CLOSE sales between December 1995 and October 2012 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 August 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2012 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 47 FOREST CLOSE?

47 FOREST CLOSE is 77m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 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 47 FOREST CLOSE lies on this distribution: 10% of detached houses are smaller than 47 FOREST CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

47 FOREST CLOSE: Plot and Title Map

47 FOREST CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 47 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 47 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 47 FOREST CLOSE?

47 FOREST CLOSE is located in WAKEFIELD, in the WF1 postcode district. The below map shows the position of No. 47 on FOREST CLOSE.