2, STATION ROAD, METHLEY, LEEDS, LS26 9ER - £120,000

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 STATION ROAD is a very small terraced house of 69m², built sometime between 1900 and 1929, which could now be worth an estimated £134,425. It was last sold for £120,000 in June 2023, which was around 34% below the average June 2023 terraced price in the Leeds local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was B.

2 STATION ROAD Sold Prices

Land registry data shows three sales for 2 STATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Leeds local authority area for the corresponding sale date. Two of the three 2 STATION ROAD sales were for below the average price, whilst one was 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
2023 14 JUN	£120,000	£182,753	34% below HPI
2001 24 AUG	£57,950	£52,026	11% above HPI
2001 8 JUN	£36,000	£50,381	29% below HPI

2 STATION ROAD 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 three 2 STATION ROAD sales between June 2001 and June 2023 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 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 2 STATION ROAD be worth now?

2 STATION ROAD might now be worth an estimated £134,425.

This is based on house price inflation of 12%, between June 2023 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 12% inflationary increase is applied to the most recent sale price for 2 STATION ROAD of £120,000 on 14th June 2023. For the value to have increased from £120,000 to £134,425 over the three years and one month to May 2026, the following assumptions must hold true:

• The value of 2 STATION ROAD has moved in line with the HPI for terraced houses in the Leeds local authority area.
• The June 2023 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STATION ROAD has not materially changed since June 2023.

How Large is 2 STATION ROAD?

2 STATION ROAD is 69m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of terraced houses houses in Mickletown, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mickletown, and where 2 STATION ROAD lies on this distribution: 5% of terraced houses houses are smaller than 2 STATION ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Mickletown.

2 STATION ROAD: Plot and Title Map

2 STATION ROAD sits on a plot of roughly 0.019 of an acre, or 76m². The below map shows the location of 2 STATION ROAD, 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 STATION ROAD). 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 STATION ROAD?

2 STATION ROAD is located in METHLEY, in the LS26 postcode district. The below map shows the position of No. 2 on STATION ROAD.