15, NORTON WAY, MORLEY, LEEDS, LS27 9TB - £200,000

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

15 NORTON WAY is a very small detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £322,436. It was last sold for £200,000 in August 2015, which was around 28% below the average August 2015 detached price in the Leeds local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

15 NORTON WAY Sold Prices

Land registry data shows five sales for 15 NORTON WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. All of the five 15 NORTON 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
2015 21 AUG	£200,000	£279,577	28% below HPI
2013 12 JUL	£174,995	£245,837	29% below HPI
2006 4 AUG	£184,995	£256,628	28% below HPI
2003 12 SEP	£142,000	£199,968	29% below HPI
1998 27 NOV	£77,500	£97,766	21% below HPI

15 NORTON 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 five 15 NORTON WAY sales between November 1998 and August 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 July 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 15 NORTON WAY be worth now?

15 NORTON WAY might now be worth an estimated £322,436.

This is based on house price inflation of 61.2%, between August 2015 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 61.2% inflationary increase is applied to the most recent sale price for 15 NORTON WAY of £200,000 on 21st August 2015. For the value to have increased from £200,000 to £322,436 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 15 NORTON WAY has moved in line with the HPI for detached houses in the Leeds local authority area.
• The August 2015 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NORTON WAY has not materially changed since August 2015.

How Large is 15 NORTON WAY?

15 NORTON WAY is 68m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% 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 15 NORTON WAY lies on this distribution: 5% of detached houses houses are smaller than 15 NORTON WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Morley.

15 NORTON WAY: Plot and Title Map

15 NORTON WAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 15 NORTON 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 15 NORTON 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 15 NORTON WAY?

15 NORTON WAY is located in MORLEY, in the LS27 postcode district. The below map shows the position of No. 15 on NORTON WAY.