49, PARKINSON CLOSE, WAKEFIELD, WF1 4NR - £226,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

49 PARKINSON CLOSE is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £226,000 in March 2024, which was around 24% below the average March 2024 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

49 PARKINSON CLOSE Sold Prices

Land registry data shows three sales for 49 PARKINSON 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 49 PARKINSON 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
2024 8 MAR	£226,000	£296,112	24% below HPI
2012 3 FEB	£139,999	£179,546	22% below HPI
2000 15 DEC	£67,000	£86,285	22% below HPI

49 PARKINSON 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 49 PARKINSON CLOSE sales between December 2000 and March 2024 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 February 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 49 PARKINSON CLOSE be worth now?

49 PARKINSON CLOSE might now be worth an estimated £236,181.

This is based on house price inflation of 4.5%, between March 2024 and December 2024, for detached houses, in the Wakefield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.5% inflationary increase is applied to the most recent sale price for 49 PARKINSON CLOSE of £226,000 on 8th March 2024. For the value to have increased from £226,000 to £236,181 over the three months to December 2024, the following assumptions must hold true:

• The value of 49 PARKINSON CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The March 2024 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 49 PARKINSON CLOSE has not materially changed since March 2024.

How Large is 49 PARKINSON CLOSE?

49 PARKINSON CLOSE is 82m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wakefield, and where 49 PARKINSON CLOSE lies on this distribution: 14% of detached houses houses are smaller than 49 PARKINSON CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

49 PARKINSON CLOSE: Plot and Title Map

49 PARKINSON CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 49 PARKINSON 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 49 PARKINSON 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 49 PARKINSON CLOSE?

49 PARKINSON CLOSE is located in WAKEFIELD, in the WF1 postcode district. The below map shows the position of No. 49 on PARKINSON CLOSE.