71, RING ROAD, FARNLEY, LEEDS, LS12 5AX - £162,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

71 RING ROAD is a small extended detached house of 87m², built sometime between 1930 and 1949. It was last sold for £162,000 in January 2023, which was around 62% below the average January 2023 detached price in the Leeds local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

71 RING ROAD Sold Prices

Land registry data shows two sales for 71 RING ROAD 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 71 RING 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
2023 20 JAN	£162,000	£422,707	62% below HPI
2003 20 AUG	£96,275	£195,541	51% below HPI

71 RING ROAD 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 71 RING ROAD sales from August 2003 and January 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 August 2003 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the January 2023 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 71 RING ROAD?

71 RING ROAD is 87m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Leeds, based on EPC data. The below chart shows the distribution of detached houses by size in Leeds, and where 71 RING ROAD lies on this distribution: 22% of detached houses are smaller than 71 RING ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Leeds.

71 RING ROAD: Plot and Title Map

71 RING ROAD sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 71 RING 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 71 RING 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.

Where is 71 RING ROAD?

71 RING ROAD is located in FARNLEY, in the LS12 postcode district. The below map shows the position of No. 71 on RING ROAD.