3, NORTON WAY, MORLEY, LEEDS, LS27 9TB - £300,000

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 NORTON WAY is a very small detached house of 67m², built sometime between 1996 and 2002, which could now be worth an estimated £323,283. 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.

3 NORTON WAY Sold Prices

Land registry data shows seven sales for 3 NORTON WAY since 1^st 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	£418,267	28% below HPI
2022 3 MAR	£270,000	£399,447	32% below HPI
2021 1 MAR	£229,000	£368,648	38% below HPI
2018 25 JAN	£185,000	£321,287	42% below HPI
2008 10 OCT	£175,000	£253,893	31% below HPI
2003 27 JUN	£145,000	£189,982	24% below HPI
1998 16 OCT	£76,500	£100,604	24% below HPI

3 NORTON 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 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.

What might 3 NORTON WAY be worth now?

3 NORTON WAY might now be worth an estimated £323,283.

This is based on house price inflation of 7.8%, between February 2023 and December 2024, 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 7.8% inflationary increase is applied to the most recent sale price for 3 NORTON WAY of £300,000 on 20th February 2023. For the value to have increased from £300,000 to £323,283 over the two months to December 2024, the following assumptions must hold true:

• The value of 3 NORTON WAY has moved in line with the HPI for detached houses in the Leeds local authority area.
• The February 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NORTON WAY has not materially changed since February 2023.

How Large is 3 NORTON WAY?

3 NORTON WAY is 67m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses houses in Morley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morley, and where 3 NORTON WAY lies on this distribution: 5% of detached houses 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: Plot and Title Map

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.

Where is 3 NORTON WAY?

3 NORTON WAY is located in MORLEY, in the LS27 postcode district. The below map shows the position of No. 3 on NORTON WAY.