18, MERLIN CLOSE, MORLEY, LEEDS, LS27 8TS - £161,500

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.

18 MERLIN CLOSE is a very small terraced house of 40m², built sometime between 1991 and 1995, which could now be worth an estimated £174,735. It was last sold for £161,500 in September 2022, which was around 15% below the average September 2022 terraced price in the Leeds local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was A.

18 MERLIN CLOSE Sold Prices

Land registry data shows six sales for 18 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Leeds local authority area for the corresponding sale date. Most of the six 18 MERLIN 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
2022 26 SEP	£161,500	£189,625	15% below HPI
2018 8 JUN	£111,000	£142,310	22% below HPI
2008 13 APR	£92,000	£124,663	26% below HPI
2004 22 OCT	£90,000	£102,519	12% below HPI
2000 4 AUG	£38,000	£46,505	18% below HPI
1995 21 APR	£37,450	£37,263	1% above HPI

18 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Leeds local authority area over time, sourced from the HPI. The six 18 MERLIN CLOSE sales between April 1995 and September 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 June 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 18 MERLIN CLOSE be worth now?

18 MERLIN CLOSE might now be worth an estimated £174,735.

This is based on house price inflation of 8.2%, between September 2022 and April 2026, for terraced 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 8.2% inflationary increase is applied to the most recent sale price for 18 MERLIN CLOSE of £161,500 on 26th September 2022. For the value to have increased from £161,500 to £174,735 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 18 MERLIN CLOSE has moved in line with the HPI for terraced houses in the Leeds local authority area.
• The September 2022 sale price of £161,500 represented a fair market value for the property.
• The size, condition, and specification of 18 MERLIN CLOSE has not materially changed since September 2022.

How Large is 18 MERLIN CLOSE?

18 MERLIN CLOSE is 40m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of terraced houses houses in Morley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Morley, and where 18 MERLIN CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 18 MERLIN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Morley.

18 MERLIN CLOSE: Plot and Title Map

18 MERLIN CLOSE sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 18 MERLIN 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 18 MERLIN 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 18 MERLIN CLOSE?

18 MERLIN CLOSE is located in MORLEY, in the LS27 postcode district. The below map shows the position of No. 18 on MERLIN CLOSE.