1B, NEWLAY LANE, HORSFORTH, LEEDS, LS18 4LE - £425,000

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

1B NEWLAY LANE is a small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £425,000 in March 2021, which was around 15% above the average March 2021 detached price in the Leeds local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

1B NEWLAY LANE Sold Prices

Land registry data shows four sales for 1B NEWLAY LANE 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. two of the four 1B NEWLAY LANE sales were for above the average price, and four 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
2021 19 MAR	£425,000	£368,157	15% above HPI
2017 21 DEC	£314,995	£319,261	1% below HPI
2009 25 SEP	£202,000	£245,497	18% below HPI
1995 8 DEC	£90,000	£85,314	5% above HPI

1B NEWLAY LANE 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 1B NEWLAY LANE sales between December 1995 and March 2021 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 December 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 1B NEWLAY LANE?

1B NEWLAY LANE is 98m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% of detached houses in Horsforth, based on EPC data. The below chart shows the distribution of detached houses by size in Horsforth, and where 1B NEWLAY LANE lies on this distribution: 27% of detached houses are smaller than 1B NEWLAY LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Horsforth.

1B NEWLAY LANE: Plot and Title Map

1B NEWLAY LANE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 1B NEWLAY LANE, 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 1B NEWLAY LANE). 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 1B NEWLAY LANE?

1B NEWLAY LANE is located in HORSFORTH, in the LS18 postcode district. The below map shows the position of No. 1B on NEWLAY LANE.