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

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

8 MORRIS CLOSE is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £199,000 in November 2018, which was around 22% 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	£256,016	22% below HPI
2015 12 OCT	£203,900	£227,388	10% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

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 in Leyland, based on EPC data. The below chart shows the distribution of detached houses by size in Leyland, and where 8 MORRIS CLOSE lies on this distribution: 2% of detached houses are smaller than 8 MORRIS CLOSE, and 97% 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.