16, RED LODGE CLOSE, LEEDS, LS8 3ED - £172,500

16 RED LODGE CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £172,500 in March 2020, which was around 49% below the average March 2020 detached price in the Leeds local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

16 RED LODGE CLOSE Sold Prices

Land registry data shows two sales for 16 RED LODGE 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 16 RED LODGE 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
2020 25 MAR	£172,500	£338,766	49% below HPI
2014 20 JAN	£140,000	£255,334	45% below HPI

16 RED LODGE 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 16 RED LODGE CLOSE sales from January 2014 and March 2020 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 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 16 RED LODGE CLOSE?

16 RED LODGE CLOSE is 69m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses in Leeds, based on EPC data. The below chart shows the distribution of detached houses by size in Leeds, and where 16 RED LODGE CLOSE lies on this distribution: 7% of detached houses are smaller than 16 RED LODGE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Leeds.

16 RED LODGE CLOSE: Plot and Title Map

16 RED LODGE CLOSE sits on a plot of roughly 0.056 of an acre, or 229m². The below map shows the location of 16 RED LODGE 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 16 RED LODGE 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 16 RED LODGE CLOSE?

16 RED LODGE CLOSE is located in LEEDS, in the LS8 postcode district. The below map shows the position of No. 16 on RED LODGE CLOSE.