23, SETTLE VALE, MORLEY, LEEDS, LS27 8YW - £295,000

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

23 SETTLE VALE is a very small detached house of 79m². It was last sold for £295,000 in September 2023, which was around 32% below the average September 2023 detached price in the Leeds local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

23 SETTLE VALE Sold Prices

Land registry data shows two sales for 23 SETTLE VALE 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 23 SETTLE VALE 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
2023 22 SEP	£295,000	£431,413	32% below HPI
2017 21 DEC	£234,950	£319,261	26% below HPI

23 SETTLE VALE 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 23 SETTLE VALE sales from December 2017 and September 2023 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 23 SETTLE VALE?

23 SETTLE VALE is 79m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 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 23 SETTLE VALE lies on this distribution: 16% of detached houses are smaller than 23 SETTLE VALE, and 82% of houses are larger. Note that EPC data is not available for all properties in Morley.

Where is 23 SETTLE VALE?

23 SETTLE VALE is located in MORLEY, in the LS27 postcode district. The below map shows the position of No. 23 on SETTLE VALE.