5, MERTON CLOSE, KIPPAX, LEEDS, LS25 7NR - £205,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MERTON CLOSE is a very small detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £271,486. It was last sold for £205,000 in March 2020, which was around 40% below the average March 2020 detached price in the Leeds local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

5 MERTON CLOSE Sold Prices

Land registry data shows two sales for 5 MERTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. Both of the two 5 MERTON 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
2020 30 MAR	£205,000	£339,218	40% below HPI
1997 14 JUL	£35,000	£93,827	63% below HPI

5 MERTON 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 two 5 MERTON CLOSE sales from July 1997 and March 2020 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 1997 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the March 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 5 MERTON CLOSE be worth now?

5 MERTON CLOSE might now be worth an estimated £271,486.

This is based on house price inflation of 32.4%, between March 2020 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 32.4% inflationary increase is applied to the most recent sale price for 5 MERTON CLOSE of £205,000 on 30th March 2020. For the value to have increased from £205,000 to £271,486 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 5 MERTON CLOSE has moved in line with the HPI for detached houses in the Leeds local authority area.
• The March 2020 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MERTON CLOSE has not materially changed since March 2020.

How Large is 5 MERTON CLOSE?

5 MERTON CLOSE is 63m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses houses in Kippax, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kippax, and where 5 MERTON CLOSE lies on this distribution: 5% of detached houses houses are smaller than 5 MERTON CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Kippax.

5 MERTON CLOSE: Plot and Title Map

5 MERTON CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 5 MERTON 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 5 MERTON 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 5 MERTON CLOSE?

5 MERTON CLOSE is located in KIPPAX, in the LS25 postcode district. The below map shows the position of No. 5 on MERTON CLOSE.