18, PETREL WAY, MORLEY, LEEDS, LS27 8GB - £218,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 PETREL WAY is a small detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £402,104. It was last sold for £218,500 in December 2012, which was around 10% below the average December 2012 detached price in the Leeds local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

18 PETREL WAY Sold Prices

Land registry data shows five sales for 18 PETREL 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. Most of the five 18 PETREL 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
2012 17 DEC	£218,500	£243,288	10% below HPI
2008 15 JAN	£235,000	£278,830	16% below HPI
2004 26 FEB	£182,000	£203,799	11% below HPI
2003 11 APR	£165,000	£182,001	9% below HPI
1997 30 JUN	£93,950	£93,082	1% above HPI

18 PETREL 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 18 PETREL WAY sales between June 1997 and December 2012 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 January 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2012 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 18 PETREL WAY be worth now?

18 PETREL WAY might now be worth an estimated £402,104.

This is based on house price inflation of 84%, between December 2012 and March 2025, 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 84% inflationary increase is applied to the most recent sale price for 18 PETREL WAY of £218,500 on 17th December 2012. For the value to have increased from £218,500 to £402,104 over the thirteen years and nine months to March 2025, the following assumptions must hold true:

• The value of 18 PETREL WAY has moved in line with the HPI for detached houses in the Leeds local authority area.
• The December 2012 sale price of £218,500 represented a fair market value for the property.
• The size, condition, and specification of 18 PETREL WAY has not materially changed since December 2012.

How Large is 18 PETREL WAY?

18 PETREL WAY is 97m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% 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 18 PETREL WAY lies on this distribution: 38% of detached houses houses are smaller than 18 PETREL WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Morley.

18 PETREL WAY: Plot and Title Map

18 PETREL WAY sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 18 PETREL 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 18 PETREL 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 18 PETREL WAY?

18 PETREL WAY is located in MORLEY, in the LS27 postcode district. The below map shows the position of No. 18 on PETREL WAY.