24, PETREL WAY, MORLEY, LEEDS, LS27 8GB - £245,000

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

24 PETREL WAY is a midsized detached house of 98m², built sometime between 2003 and 2006. It was last sold for £245,000 in September 2018, which was around 26% below the average September 2018 detached price in the Leeds local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

24 PETREL WAY Sold Prices

Land registry data shows three sales for 24 PETREL 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 24 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
2018 17 SEP	£245,000	£332,751	26% below HPI
2004 26 APR	£155,000	£208,850	26% below HPI
1997 27 JUN	£75,950	£92,958	18% below HPI

24 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 three 24 PETREL WAY sales between June 1997 and September 2018 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 April 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2018 sale, which was also at 26% below the HPI.

How Large is 24 PETREL WAY?

24 PETREL WAY is 98m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses in Morley, based on EPC data. The below chart shows the distribution of detached houses by size in Morley, and where 24 PETREL WAY lies on this distribution: 40% of detached houses are smaller than 24 PETREL WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Morley.

24 PETREL WAY: Plot and Title Map

24 PETREL WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 24 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 24 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 24 PETREL WAY?

24 PETREL WAY is located in MORLEY, in the LS27 postcode district. The below map shows the position of No. 24 on PETREL WAY.