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

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.

1B NEWLAY LANE is a small extended detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £517,904. 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	£368,648	15% above HPI
2017 21 DEC	£314,995	£319,687	1% below HPI
2009 25 SEP	£202,000	£245,824	18% below HPI
1995 8 DEC	£90,000	£85,428	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.

What might 1B NEWLAY LANE be worth now?

1B NEWLAY LANE might now be worth an estimated £517,904.

This is based on house price inflation of 21.9%, between March 2021 and February 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 21.9% inflationary increase is applied to the most recent sale price for 1B NEWLAY LANE of £425,000 on 19th March 2021. For the value to have increased from £425,000 to £517,904 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 1B NEWLAY LANE has moved in line with the HPI for detached houses in the Leeds local authority area.
• The March 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 1B NEWLAY LANE has not materially changed since March 2021.

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 houses in Horsforth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horsforth, and where 1B NEWLAY LANE lies on this distribution: 27% of detached houses 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.