Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 NORTON WAY is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £300,000 in February 2023, which was around 28% below the average February 2023 detached price in the Leeds local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows seven sales for 3 NORTON WAY since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. All of the seven 3 NORTON 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 |
---|---|---|---|
2023 20 FEB | £300,000 | £417,710 | 28% below HPI |
2022 3 MAR | £270,000 | £398,915 | 32% below HPI |
2021 1 MAR | £229,000 | £368,157 | 38% below HPI |
2018 25 JAN | £185,000 | £320,859 | 42% below HPI |
2008 10 OCT | £175,000 | £253,555 | 31% below HPI |
2003 27 JUN | £145,000 | £189,729 | 24% below HPI |
1998 16 OCT | £76,500 | £100,470 | 24% below HPI |
The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The seven 3 NORTON WAY sales between October 1998 and February 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 March 2022 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
3 NORTON WAY is 67m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Morley, based on EPC data. The below chart shows the distribution of detached houses by size in Morley, and where 3 NORTON WAY lies on this distribution: 5% of detached houses are smaller than 3 NORTON WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Morley.
3 NORTON WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 3 NORTON 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 3 NORTON 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.
3 NORTON WAY is located in MORLEY, in the LS27 postcode district. The below map shows the position of No. 3 on NORTON WAY.