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
4 SPRINGFIELD ROAD is a very small semi-detached house of 54m², built sometime between 1967 and 1975. It was last sold for £215,000 in November 2022, which was around 50% below the average November 2022 detached price in the Leeds local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 SPRINGFIELD ROAD since 1st 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 4 SPRINGFIELD ROAD 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 |
---|---|---|---|
2022 30 NOV | £215,000 | £432,130 | 50% below HPI |
2010 16 JUL | £147,000 | £255,887 | 43% below HPI |
2004 8 OCT | £136,250 | £234,952 | 42% below HPI |
The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The three 4 SPRINGFIELD ROAD sales between October 2004 and November 2022 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 July 2010 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2022 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.
4 SPRINGFIELD ROAD is 54m² according to the EPC inspection conducted in June 2022. 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 4 SPRINGFIELD ROAD lies on this distribution: 1% of detached houses are smaller than 4 SPRINGFIELD ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Morley.
4 SPRINGFIELD ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 4 SPRINGFIELD ROAD, 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 4 SPRINGFIELD ROAD). 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.
4 SPRINGFIELD ROAD is located in MORLEY, in the LS27 postcode district. The below map shows the position of No. 4 on SPRINGFIELD ROAD.