8, OAKLAND ROAD, WAKEFIELD, WF1 5LZ - £136,000

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.

8 OAKLAND ROAD is a very small semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £185,969. It was last sold for £136,000 in August 2019, which was around 5% below the average August 2019 semi-detached price in the Wakefield local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

8 OAKLAND ROAD Sold Prices

Land registry data shows two sales for 8 OAKLAND ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wakefield local authority area for the corresponding sale date. One of the two 8 OAKLAND ROAD sales was for below the average price, whilst the other was roughly equal to 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
2019 28 AUG	£136,000	£142,491	5% below HPI
2014 23 MAY	£115,000	£115,514	Close to HPI

8 OAKLAND ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wakefield local authority area over time, sourced from the HPI. The two 8 OAKLAND ROAD sales from May 2014 and August 2019 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 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 8 OAKLAND ROAD be worth now?

8 OAKLAND ROAD might now be worth an estimated £185,969.

This is based on house price inflation of 36.7%, between August 2019 and February 2025, for semi-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 36.7% inflationary increase is applied to the most recent sale price for 8 OAKLAND ROAD of £136,000 on 28th August 2019. For the value to have increased from £136,000 to £185,969 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 8 OAKLAND ROAD has moved in line with the HPI for semi-detached houses in the Wakefield local authority area.
• The August 2019 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OAKLAND ROAD has not materially changed since August 2019.

How Large is 8 OAKLAND ROAD?

8 OAKLAND ROAD is 72m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of semi-detached houses houses in Wakefield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wakefield, and where 8 OAKLAND ROAD lies on this distribution: 7% of semi-detached houses houses are smaller than 8 OAKLAND ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Wakefield.

8 OAKLAND ROAD: Plot and Title Map

8 OAKLAND ROAD sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 8 OAKLAND ROAD, 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 OAKLAND ROAD). 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 OAKLAND ROAD?

8 OAKLAND ROAD is located in WAKEFIELD, in the WF1 postcode district. The below map shows the position of No. 8 on OAKLAND ROAD.