8, MORRIS CLOSE, LEYLAND, PR25 3FD - £199,000

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.

8 MORRIS CLOSE is a very small detached house of 65m², built sometime between 1996 and 2002, which could now be worth an estimated £259,043. It was last sold for £199,000 in November 2018, which was around 20% below the average November 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

8 MORRIS CLOSE Sold Prices

Land registry data shows two sales for 8 MORRIS 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 South Ribble local authority area for the corresponding sale date. Both of the two 8 MORRIS 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
2018 12 NOV	£199,000	£248,808	20% below HPI
2015 12 OCT	£203,900	£220,986	8% below HPI

8 MORRIS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 8 MORRIS CLOSE sales from October 2015 and November 2018 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 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 MORRIS CLOSE be worth now?

8 MORRIS CLOSE might now be worth an estimated £259,043.

This is based on house price inflation of 30.2%, between November 2018 and February 2025, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.2% inflationary increase is applied to the most recent sale price for 8 MORRIS CLOSE of £199,000 on 12th November 2018. For the value to have increased from £199,000 to £259,043 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 MORRIS CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The November 2018 sale price of £199,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MORRIS CLOSE has not materially changed since November 2018.

How Large is 8 MORRIS CLOSE?

8 MORRIS CLOSE is 65m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leyland, and where 8 MORRIS CLOSE lies on this distribution: 2% of detached houses houses are smaller than 8 MORRIS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Leyland.

8 MORRIS CLOSE: Plot and Title Map

8 MORRIS CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 8 MORRIS 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 8 MORRIS 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 8 MORRIS CLOSE?

8 MORRIS CLOSE is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 8 on MORRIS CLOSE.