11, MARCHANT WAY, CHURWELL, LEEDS, LS27 7GF - £310,000

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

11 MARCHANT WAY is a midsized detached house of 103m², built sometime between 2003 and 2006, which could now be worth an estimated £337,516. It was last sold for £310,000 in April 2024, which was around 25% below the average April 2024 detached price in the Leeds local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

11 MARCHANT WAY Sold Prices

Land registry data shows two sales for 11 MARCHANT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. Both of the two 11 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
2024 29 APR	£310,000	£413,983	25% below HPI
2008 4 FEB	£203,000	£276,002	26% below HPI

11 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 two 11 MARCHANT WAY sales from February 2008 and April 2024 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 February 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 11 MARCHANT WAY be worth now?

11 MARCHANT WAY might now be worth an estimated £337,516.

This is based on house price inflation of 8.9%, between April 2024 and December 2024, for detached houses, in the Leeds local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.9% inflationary increase is applied to the most recent sale price for 11 MARCHANT WAY of £310,000 on 29th April 2024. For the value to have increased from £310,000 to £337,516 over the four months to December 2024, the following assumptions must hold true:

• The value of 11 MARCHANT WAY has moved in line with the HPI for detached houses in the Leeds local authority area.
• The April 2024 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MARCHANT WAY has not materially changed since April 2024.

How Large is 11 MARCHANT WAY?

11 MARCHANT WAY is 103m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 50% of detached houses houses in Morley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morley, and where 11 MARCHANT WAY lies on this distribution: 47% of detached houses houses are smaller than 11 MARCHANT WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Morley.

11 MARCHANT WAY: Plot and Title Map

11 MARCHANT WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 11 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 11 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 11 MARCHANT WAY?

11 MARCHANT WAY is located in CHURWELL, in the LS27 postcode district. The below map shows the position of No. 11 on MARCHANT WAY.