8, LAITHES CLOSE, WAKEFIELD, WF2 9TN - £178,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 LAITHES CLOSE is a small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £178,000 in December 2015, which was around 14% below the average December 2015 detached price in the Wakefield local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

8 LAITHES CLOSE Sold Prices

Land registry data shows two sales for 8 LAITHES 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 8 LAITHES CLOSE sales was for below the average price, whilst the other was 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
2015 17 DEC	£178,000	£206,524	14% below HPI
1998 16 OCT	£82,995	£80,487	3% above HPI

8 LAITHES 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 8 LAITHES CLOSE sales from October 1998 and December 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 October 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 LAITHES CLOSE?

8 LAITHES CLOSE is 90m² according to the EPC inspection conducted in February 2016. 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 8 LAITHES CLOSE lies on this distribution: 22% of detached houses are smaller than 8 LAITHES CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

8 LAITHES CLOSE: Plot and Title Map

8 LAITHES CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 8 LAITHES 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 LAITHES 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 LAITHES CLOSE?

8 LAITHES CLOSE is located in WAKEFIELD, in the WF2 postcode district. The below map shows the position of No. 8 on LAITHES CLOSE.