87, LEEDS ROAD, OTLEY, LS21 3BW - £325,000

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

87 LEEDS ROAD is a very small extended detached house of 60m², built sometime between 1930 and 1949. It was last sold for £325,000 in September 2023, which was around 25% below the average September 2023 detached price in the Leeds local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was C.

87 LEEDS ROAD Sold Prices

Land registry data shows five sales for 87 LEEDS ROAD 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 87 LEEDS 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 SEP	£325,000	£431,413	25% below HPI
2016 5 DEC	£220,000	£304,042	28% below HPI
2015 8 OCT	£220,000	£286,148	23% below HPI
2015 13 MAR	£220,000	£266,013	17% below HPI
2002 6 DEC	£138,000	£170,596	19% below HPI

87 LEEDS 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 five 87 LEEDS ROAD sales between December 2002 and September 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 December 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 87 LEEDS ROAD?

87 LEEDS ROAD is 60m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Otley, based on EPC data. The below chart shows the distribution of detached houses by size in Otley, and where 87 LEEDS ROAD lies on this distribution: 3% of detached houses are smaller than 87 LEEDS ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Otley.

87 LEEDS ROAD: Plot and Title Map

87 LEEDS ROAD sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 87 LEEDS 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 87 LEEDS 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 87 LEEDS ROAD?

87 LEEDS ROAD is located in OTLEY, in the LS21 postcode district. The below map shows the position of No. 87 on LEEDS ROAD.