5, WIKE RIDGE CLOSE, LEEDS, LS17 9NU - £520,000

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 WIKE RIDGE CLOSE is a large extended detached house of 151m², built sometime between 1996 and 2002, which could now be worth an estimated £621,809. It was last sold for £520,000 in June 2021, which was around 38% above the average June 2021 detached price in the Leeds local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.

5 WIKE RIDGE CLOSE Sold Prices

Land registry data shows three sales for 5 WIKE RIDGE 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 Leeds local authority area for the corresponding sale date. All of the three 5 WIKE RIDGE CLOSE sales were for above 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
2021 28 JUN	£520,000	£375,681	38% above HPI
2002 10 JUN	£249,950	£151,086	65% above HPI
1997 12 DEC	£144,995	£93,215	56% above HPI

5 WIKE RIDGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The three 5 WIKE RIDGE CLOSE sales between December 1997 and June 2021 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 June 2002 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the June 2021 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 5 WIKE RIDGE CLOSE be worth now?

5 WIKE RIDGE CLOSE might now be worth an estimated £621,809.

This is based on house price inflation of 19.6%, between June 2021 and February 2025, for detached houses, in the Leeds local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 5 WIKE RIDGE CLOSE of £520,000 on 28th June 2021. For the value to have increased from £520,000 to £621,809 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 WIKE RIDGE CLOSE has moved in line with the HPI for detached houses in the Leeds local authority area.
• The June 2021 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WIKE RIDGE CLOSE has not materially changed since June 2021.

How Large is 5 WIKE RIDGE CLOSE?

5 WIKE RIDGE CLOSE is 151m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 30% of detached houses houses in Leeds, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leeds, and where 5 WIKE RIDGE CLOSE lies on this distribution: 73% of detached houses houses are smaller than 5 WIKE RIDGE CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Leeds.

5 WIKE RIDGE CLOSE: Plot and Title Map

5 WIKE RIDGE CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 5 WIKE RIDGE 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 WIKE RIDGE 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 WIKE RIDGE CLOSE?

5 WIKE RIDGE CLOSE is located in LEEDS, in the LS17 postcode district. The below map shows the position of No. 5 on WIKE RIDGE CLOSE.