5, NORTON WAY, MORLEY, LEEDS, LS27 9TB - £287,500

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

5 NORTON WAY is a very small extended detached house of 70m², built sometime between 1996 and 2002. It was last sold for £287,500 in October 2022, which was around 33% below the average October 2022 detached price in the Leeds local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

5 NORTON WAY Sold Prices

Land registry data shows five sales for 5 NORTON WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. All of the five 5 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
2022 12 OCT	£287,500	£426,926	33% below HPI
2014 24 OCT	£185,000	£268,982	31% below HPI
2007 11 MAY	£187,950	£266,327	29% below HPI
2004 30 APR	£154,000	£208,850	26% below HPI
1998 28 OCT	£77,500	£100,470	23% below HPI

5 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 five 5 NORTON WAY sales between October 1998 and October 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 October 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 NORTON WAY?

5 NORTON WAY is 70m², which includes one extension, according to the EPC inspection conducted in January 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 5 NORTON WAY lies on this distribution: 6% of detached houses are smaller than 5 NORTON WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Morley.

5 NORTON WAY: Plot and Title Map

5 NORTON WAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 5 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 5 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 5 NORTON WAY?

5 NORTON WAY is located in MORLEY, in the LS27 postcode district. The below map shows the position of No. 5 on NORTON WAY.