21, MARCHANT WAY, CHURWELL, LEEDS, LS27 7GF - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

21 MARCHANT WAY is a very large detached house of 128m², built sometime between 2003 and 2006. It was last sold for £175,000 in June 2013, which was around 28% below the average June 2013 detached price in the Leeds local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

21 MARCHANT WAY Sold Prices

Land registry data shows three sales for 21 MARCHANT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. All of the three 21 MARCHANT 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
2013 7 JUN	£175,000	£244,190	28% below HPI
2007 15 AUG	£205,000	£274,851	25% below HPI
2005 28 JUN	£199,995	£235,259	15% below HPI

21 MARCHANT 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 three 21 MARCHANT WAY sales between June 2005 and June 2013 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 August 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2013 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 21 MARCHANT WAY?

21 MARCHANT WAY is 128m² according to the EPC inspection conducted in January 2009. This puts it in the largest 20% of detached houses in Morley, based on EPC data. The below chart shows the distribution of detached houses by size in Morley, and where 21 MARCHANT WAY lies on this distribution: 82% of detached houses are smaller than 21 MARCHANT WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Morley.

21 MARCHANT WAY: Plot and Title Map

21 MARCHANT WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 21 MARCHANT 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 21 MARCHANT 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 21 MARCHANT WAY?

21 MARCHANT WAY is located in CHURWELL, in the LS27 postcode district. The below map shows the position of No. 21 on MARCHANT WAY.