18, MERCIA WAY, LEEDS, LS15 8UA - £350,000

18 MERCIA WAY is a midsized extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £350,000 in February 2022, which was around 16% below the average February 2022 detached price in the Leeds local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

18 MERCIA WAY Sold Prices

Land registry data shows four sales for 18 MERCIA 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 18 MERCIA 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
2022 3 FEB	£350,000	£415,945	16% below HPI
2019 25 OCT	£265,000	£341,836	22% below HPI
2016 28 OCT	£245,000	£303,098	19% below HPI
2007 7 DEC	£207,000	£276,608	25% below HPI

18 MERCIA 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 18 MERCIA WAY sales between December 2007 and February 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 October 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 18 MERCIA WAY?

18 MERCIA WAY is 116m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Leeds, based on EPC data. The below chart shows the distribution of detached houses by size in Leeds, and where 18 MERCIA WAY lies on this distribution: 50% of detached houses are smaller than 18 MERCIA WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Leeds.

18 MERCIA WAY: Plot and Title Map

18 MERCIA WAY sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 18 MERCIA 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 18 MERCIA 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 18 MERCIA WAY?

18 MERCIA WAY is located in LEEDS, in the LS15 postcode district. The below map shows the position of No. 18 on MERCIA WAY.