9, PETREL WAY, MORLEY, LEEDS, LS27 8GB - £287,000

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.

9 PETREL WAY is a very large detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £424,894. It was last sold for £287,000 in November 2016, which was around 5% below the average November 2016 detached price in the Leeds local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

9 PETREL WAY Sold Prices

Land registry data shows four sales for 9 PETREL WAY since 1^st 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 9 PETREL WAY 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
2016 21 NOV	£287,000	£303,441	5% below HPI
2010 20 JAN	£200,000	£251,001	20% below HPI
2005 13 MAY	£197,500	£236,866	17% below HPI
1997 5 DEC	£84,950	£93,215	9% below HPI

9 PETREL WAY 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 four 9 PETREL WAY sales between December 1997 and November 2016 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 January 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 9 PETREL WAY be worth now?

9 PETREL WAY might now be worth an estimated £424,894.

This is based on house price inflation of 48%, between November 2016 and February 2025, for detached houses, in the Leeds local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48% inflationary increase is applied to the most recent sale price for 9 PETREL WAY of £287,000 on 21st November 2016. For the value to have increased from £287,000 to £424,894 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 PETREL WAY has moved in line with the HPI for detached houses in the Leeds local authority area.
• The November 2016 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PETREL WAY has not materially changed since November 2016.

How Large is 9 PETREL WAY?

9 PETREL WAY is 127m² according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses houses in Morley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morley, and where 9 PETREL WAY lies on this distribution: 81% of detached houses houses are smaller than 9 PETREL WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Morley.

9 PETREL WAY: Plot and Title Map

9 PETREL WAY sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 9 PETREL WAY, 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 9 PETREL WAY). 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 9 PETREL WAY?

9 PETREL WAY is located in MORLEY, in the LS27 postcode district. The below map shows the position of No. 9 on PETREL WAY.