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
8 REEDLING DRIVE is a midsized detached house of 106m², built sometime between 1950 and 1966. It was last sold for £312,000 in December 2022, which was around 28% below the average December 2022 detached price in the Leeds local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 8 REEDLING DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. All of the four 8 REEDLING DRIVE 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 9 DEC | £312,000 | £431,110 | 28% below HPI |
2004 24 SEP | £175,000 | £233,623 | 25% below HPI |
2000 29 JUN | £88,500 | £113,997 | 22% below HPI |
1996 25 OCT | £78,950 | £91,284 | 14% below HPI |
The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The four 8 REEDLING DRIVE sales between October 1996 and December 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 September 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
8 REEDLING DRIVE is 106m² according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Morley, based on EPC data. The below chart shows the distribution of detached houses by size in Morley, and where 8 REEDLING DRIVE lies on this distribution: 51% of detached houses are smaller than 8 REEDLING DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Morley.
8 REEDLING DRIVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 8 REEDLING DRIVE, 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 REEDLING DRIVE). 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.
8 REEDLING DRIVE is located in MORLEY, in the LS27 postcode district. The below map shows the position of No. 8 on REEDLING DRIVE.