14, OLDFIELD CLOSE, MICKLEFIELD, LEEDS, LS25 4DS - £250,000

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.

14 OLDFIELD CLOSE is a very small extended detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £293,099. It was last sold for £250,000 in June 2021, which was around 33% below the average June 2021 detached price in the Leeds local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

14 OLDFIELD CLOSE Sold Prices

Land registry data shows two sales for 14 OLDFIELD 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 Leeds local authority area for the corresponding sale date. Both of the two 14 OLDFIELD 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
2021 28 JUN	£250,000	£375,681	33% below HPI
2000 25 AUG	£76,950	£119,425	36% below HPI

14 OLDFIELD CLOSE 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 two 14 OLDFIELD CLOSE sales from August 2000 and June 2021 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 August 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 14 OLDFIELD CLOSE be worth now?

14 OLDFIELD CLOSE might now be worth an estimated £293,099.

This is based on house price inflation of 17.2%, between June 2021 and June 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 17.2% inflationary increase is applied to the most recent sale price for 14 OLDFIELD CLOSE of £250,000 on 28th June 2021. For the value to have increased from £250,000 to £293,099 over the four years to June 2025, the following assumptions must hold true:

• The value of 14 OLDFIELD CLOSE has moved in line with the HPI for detached houses in the Leeds local authority area.
• The June 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 14 OLDFIELD CLOSE has not materially changed since June 2021.

How Large is 14 OLDFIELD CLOSE?

14 OLDFIELD CLOSE is 80m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Micklefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Micklefield, and where 14 OLDFIELD CLOSE lies on this distribution: 5% of detached houses houses are smaller than 14 OLDFIELD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Micklefield.

14 OLDFIELD CLOSE: Plot and Title Map

14 OLDFIELD CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 14 OLDFIELD 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 14 OLDFIELD 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 14 OLDFIELD CLOSE?

14 OLDFIELD CLOSE is located in MICKLEFIELD, in the LS25 postcode district. The below map shows the position of No. 14 on OLDFIELD CLOSE.