5, PARK CLOSE, RYHILL, WAKEFIELD, WF4 2QX - £126,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 PARK CLOSE is a small detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £198,870. It was last sold for £126,500 in July 2015, which was around 35% below the average July 2015 detached price in the Wakefield local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

5 PARK CLOSE Sold Prices

Land registry data shows four sales for 5 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wakefield local authority area for the corresponding sale date. All of the four 5 PARK 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
2015 31 JUL	£126,500	£196,085	35% below HPI
2015 1 MAY	£120,800	£195,396	38% below HPI
2002 25 SEP	£81,995	£110,354	26% below HPI
2002 28 FEB	£74,995	£98,809	24% below HPI

5 PARK 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 four 5 PARK CLOSE sales between February 2002 and July 2015 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 May 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2015 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 5 PARK CLOSE be worth now?

5 PARK CLOSE might now be worth an estimated £198,870.

This is based on house price inflation of 57.2%, between July 2015 and February 2025, 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 57.2% inflationary increase is applied to the most recent sale price for 5 PARK CLOSE of £126,500 on 31st July 2015. For the value to have increased from £126,500 to £198,870 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 5 PARK CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The July 2015 sale price of £126,500 represented a fair market value for the property.
• The size, condition, and specification of 5 PARK CLOSE has not materially changed since July 2015.

How Large is 5 PARK CLOSE?

5 PARK CLOSE is 72m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses houses in Ryhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryhill, and where 5 PARK CLOSE lies on this distribution: 25% of detached houses houses are smaller than 5 PARK CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Ryhill.

5 PARK CLOSE: Plot and Title Map

5 PARK CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 5 PARK 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 5 PARK 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 5 PARK CLOSE?

5 PARK CLOSE is located in RYHILL, in the WF4 postcode district. The below map shows the position of No. 5 on PARK CLOSE.