3, FAR REEF CLOSE, HORSFORTH, LEEDS, LS18 5AX - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 FAR REEF CLOSE is a very small detached house of 64m², built sometime between 1976 and 1982, which could now be worth an estimated £360,384. It was last sold for £230,000 in April 2016, which was around 20% below the average April 2016 detached price in the Leeds local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

3 FAR REEF CLOSE Sold Prices

Land registry data shows four sales for 3 FAR REEF CLOSE 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. All of the four 3 FAR REEF CLOSE 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
2016 14 APR	£230,000	£286,705	20% below HPI
2011 19 AUG	£166,000	£250,461	34% below HPI
2002 23 JUL	£110,000	£155,834	29% below HPI
1999 10 DEC	£75,000	£105,144	29% below HPI

3 FAR REEF CLOSE 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 3 FAR REEF CLOSE sales between December 1999 and April 2016 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 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 3 FAR REEF CLOSE be worth now?

3 FAR REEF CLOSE might now be worth an estimated £360,384.

This is based on house price inflation of 56.7%, between April 2016 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 56.7% inflationary increase is applied to the most recent sale price for 3 FAR REEF CLOSE of £230,000 on 14th April 2016. For the value to have increased from £230,000 to £360,384 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 3 FAR REEF CLOSE has moved in line with the HPI for detached houses in the Leeds local authority area.
• The April 2016 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FAR REEF CLOSE has not materially changed since April 2016.

How Large is 3 FAR REEF CLOSE?

3 FAR REEF CLOSE is 64m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% 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 3 FAR REEF CLOSE lies on this distribution: 3% of detached houses houses are smaller than 3 FAR REEF CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Horsforth.

3 FAR REEF CLOSE: Plot and Title Map

3 FAR REEF CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 3 FAR REEF CLOSE, 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 3 FAR REEF CLOSE). 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 3 FAR REEF CLOSE?

3 FAR REEF CLOSE is located in HORSFORTH, in the LS18 postcode district. The below map shows the position of No. 3 on FAR REEF CLOSE.