1, MARCHANT WAY, CHURWELL, LEEDS, LS27 7GF - £235,000

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

1 MARCHANT WAY is a small detached house of 94m², built sometime between 2003 and 2006. It was last sold for £235,000 in October 2019, which was around 31% below the average October 2019 detached price in the Leeds local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

1 MARCHANT WAY Sold Prices

Land registry data shows four sales for 1 MARCHANT WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. All of the four 1 MARCHANT WAY 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
2019 7 OCT	£235,000	£341,836	31% below HPI
2018 27 JUL	£220,000	£329,039	33% below HPI
2007 14 AUG	£206,000	£274,851	25% below HPI
2005 28 JAN	£194,995	£235,295	17% below HPI

1 MARCHANT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The four 1 MARCHANT WAY sales between January 2005 and October 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 July 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 MARCHANT WAY?

1 MARCHANT WAY is 94m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% of detached houses in Morley, based on EPC data. The below chart shows the distribution of detached houses by size in Morley, and where 1 MARCHANT WAY lies on this distribution: 36% of detached houses are smaller than 1 MARCHANT WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Morley.

1 MARCHANT WAY: Plot and Title Map

1 MARCHANT WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 1 MARCHANT WAY, 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 1 MARCHANT WAY). 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 1 MARCHANT WAY?

1 MARCHANT WAY is located in CHURWELL, in the LS27 postcode district. The below map shows the position of No. 1 on MARCHANT WAY.