8, FERNLEA CLOSE, CROFTON, WAKEFIELD, WF4 1HY - £235,000

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

8 FERNLEA CLOSE is a very small extended detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £247,145. It was last sold for £235,000 in December 2023, which was around 20% below the average December 2023 detached price in the Wakefield local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

8 FERNLEA CLOSE Sold Prices

Land registry data shows three sales for 8 FERNLEA 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 8 FERNLEA 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
2023 1 DEC	£235,000	£294,245	20% below HPI
2019 17 MAY	£192,500	£226,672	15% below HPI
1997 30 MAY	£56,500	£75,115	25% below HPI

8 FERNLEA 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 8 FERNLEA CLOSE sales between May 1997 and December 2023 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 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 FERNLEA CLOSE be worth now?

8 FERNLEA CLOSE might now be worth an estimated £247,145.

This is based on house price inflation of 5.2%, between December 2023 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 5.2% inflationary increase is applied to the most recent sale price for 8 FERNLEA CLOSE of £235,000 on 1st December 2023. For the value to have increased from £235,000 to £247,145 over the one year to December 2024, the following assumptions must hold true:

• The value of 8 FERNLEA CLOSE has moved in line with the HPI for detached houses in the Wakefield local authority area.
• The December 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FERNLEA CLOSE has not materially changed since December 2023.

How Large is 8 FERNLEA CLOSE?

8 FERNLEA CLOSE is 65m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses houses in Crofton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crofton, and where 8 FERNLEA CLOSE lies on this distribution: 4% of detached houses houses are smaller than 8 FERNLEA CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Crofton.

8 FERNLEA CLOSE: Plot and Title Map

8 FERNLEA CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 8 FERNLEA 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 8 FERNLEA 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 8 FERNLEA CLOSE?

8 FERNLEA CLOSE is located in CROFTON, in the WF4 postcode district. The below map shows the position of No. 8 on FERNLEA CLOSE.