THE LAURELS, WEST WELLS ROAD, OSSETT, WF5 8PH - £365,000

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

THE LAURELS is a very large extended detached house of 163m², built sometime between 2003 and 2006. It was last sold for £365,000 in March 2016, which was around 76% above the average March 2016 detached price in the Wakefield local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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. Both of the two THE LAURELS 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
2016 23 MAR	£365,000	£207,743	76% above HPI
2007 22 MAY	£379,950	£216,678	75% above HPI

THE LAURELS 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 THE LAURELS sales from May 2007 and March 2016 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 2007 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the March 2016 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 163m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses in Ossett, based on EPC data. The below chart shows the distribution of detached houses by size in Ossett, and where THE LAURELS lies on this distribution: 84% of detached houses are smaller than THE LAURELS, and 15% of houses are larger. Note that EPC data is not available for all properties in Ossett.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on WEST WELLS ROAD in OSSETT, in the WF5 postcode district. The below map shows the position of THE LAURELS on WEST WELLS ROAD.