16, SILK MILL APPROACH, LEEDS, LS16 6RR - £158,000

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

16 SILK MILL APPROACH is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £158,000 in October 2015, which was around 45% below the average October 2015 detached price in the Leeds local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

16 SILK MILL APPROACH Sold Prices

Land registry data shows two sales for 16 SILK MILL APPROACH 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 16 SILK MILL APPROACH 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 26 OCT	£158,000	£286,148	45% below HPI
2003 6 MAY	£120,000	£184,870	35% below HPI

16 SILK MILL APPROACH 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 16 SILK MILL APPROACH sales from May 2003 and October 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 May 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2015 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 16 SILK MILL APPROACH?

16 SILK MILL APPROACH is 80m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Leeds, based on EPC data. The below chart shows the distribution of detached houses by size in Leeds, and where 16 SILK MILL APPROACH lies on this distribution: 16% of detached houses are smaller than 16 SILK MILL APPROACH, and 83% of houses are larger. Note that EPC data is not available for all properties in Leeds.

16 SILK MILL APPROACH: Plot and Title Map

16 SILK MILL APPROACH sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 16 SILK MILL APPROACH, 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 16 SILK MILL APPROACH). 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 16 SILK MILL APPROACH?

16 SILK MILL APPROACH is located in LEEDS, in the LS16 postcode district. The below map shows the position of No. 16 on SILK MILL APPROACH.