7, SOUTHFIELD CLOSE, HORBURY, WAKEFIELD, WF4 5AZ - £290,000

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.

7 SOUTHFIELD CLOSE is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £355,565. It was last sold for £290,000 in February 2021, which was around 15% above the average February 2021 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

7 SOUTHFIELD CLOSE Sold Prices

Land registry data shows two sales for 7 SOUTHFIELD CLOSE 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 7 SOUTHFIELD CLOSE 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
2021 15 FEB	£290,000	£251,421	15% above HPI
2018 21 AUG	£218,000	£225,923	4% below HPI

7 SOUTHFIELD 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 two 7 SOUTHFIELD CLOSE sales from August 2018 and February 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 August 2018 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 7 SOUTHFIELD CLOSE be worth now?

7 SOUTHFIELD CLOSE might now be worth an estimated £355,565.

This is based on house price inflation of 22.6%, between February 2021 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 22.6% inflationary increase is applied to the most recent sale price for 7 SOUTHFIELD CLOSE of £290,000 on 15th February 2021. For the value to have increased from £290,000 to £355,565 over the four years to February 2025, the following assumptions must hold true:

• The value of 7 SOUTHFIELD CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The February 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SOUTHFIELD CLOSE has not materially changed since February 2021.

How Large is 7 SOUTHFIELD CLOSE?

7 SOUTHFIELD CLOSE is 80m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses houses in Horbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horbury, and where 7 SOUTHFIELD CLOSE lies on this distribution: 16% of detached houses houses are smaller than 7 SOUTHFIELD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Horbury.

7 SOUTHFIELD CLOSE: Plot and Title Map

7 SOUTHFIELD CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 7 SOUTHFIELD 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 7 SOUTHFIELD 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 7 SOUTHFIELD CLOSE?

7 SOUTHFIELD CLOSE is located in HORBURY, in the WF4 postcode district. The below map shows the position of No. 7 on SOUTHFIELD CLOSE.