2, NORTH CLOSE, LEEDS, LS8 2NE - £230,000

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.

2 NORTH CLOSE is a small extended terraced house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £337,329. It was last sold for £230,000 in December 2017, which was around 65% above the average December 2017 terraced price in the Leeds local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

2 NORTH CLOSE Sold Prices

Land registry data shows four sales for 2 NORTH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Leeds local authority area for the corresponding sale date. All of the four 2 NORTH CLOSE sales were for above 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
2017 1 DEC	£230,000	£139,585	65% above HPI
2013 30 OCT	£116,250	£110,586	5% above HPI
1999 2 JUL	£46,500	£41,619	12% above HPI
1998 23 MAR	£40,000	£38,109	5% above HPI

2 NORTH 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 four 2 NORTH CLOSE sales between March 1998 and December 2017 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 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2017 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 2 NORTH CLOSE be worth now?

2 NORTH CLOSE might now be worth an estimated £337,329.

This is based on house price inflation of 46.7%, between December 2017 and May 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 46.7% inflationary increase is applied to the most recent sale price for 2 NORTH CLOSE of £230,000 on 1st December 2017. For the value to have increased from £230,000 to £337,329 over the nine years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 NORTH CLOSE has moved in line with the HPI for terraced houses in the Leeds local authority area.
• The December 2017 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NORTH CLOSE has not materially changed since December 2017.

How Large is 2 NORTH CLOSE?

2 NORTH CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% of terraced houses houses in Leeds, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leeds, and where 2 NORTH CLOSE lies on this distribution: 24% of terraced houses houses are smaller than 2 NORTH CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Leeds.

2 NORTH CLOSE: Plot and Title Map

2 NORTH CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 2 NORTH 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 2 NORTH 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 2 NORTH CLOSE?

2 NORTH CLOSE is located in LEEDS, in the LS8 postcode district. The below map shows the position of No. 2 on NORTH CLOSE.