5, CASTLE TERRACE, WAKEFIELD, WF2 6AZ - £295,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

5 CASTLE TERRACE is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £295,000 in January 2020, which was around 23% above the average January 2020 detached price in the Wakefield local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

5 CASTLE TERRACE Sold Prices

Land registry data shows two sales for 5 CASTLE TERRACE since 1^st 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 5 CASTLE TERRACE 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
2020 30 JAN	£295,000	£238,959	23% above HPI
2018 21 SEP	£150,000	£233,382	36% below HPI

5 CASTLE TERRACE 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 two 5 CASTLE TERRACE sales from September 2018 and January 2020 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 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2020 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 5 CASTLE TERRACE?

5 CASTLE TERRACE is 92m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses in Wakefield, based on EPC data. The below chart shows the distribution of detached houses by size in Wakefield, and where 5 CASTLE TERRACE lies on this distribution: 24% of detached houses are smaller than 5 CASTLE TERRACE, and 75% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

5 CASTLE TERRACE: Plot and Title Map

5 CASTLE TERRACE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 5 CASTLE TERRACE, 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 5 CASTLE TERRACE). 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 5 CASTLE TERRACE?

5 CASTLE TERRACE is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 5 on CASTLE TERRACE.