23, MARCHANT WAY, CHURWELL, LEEDS, LS27 7GF - £230,000

23 MARCHANT WAY is a midsized detached house of 98m², built sometime between 2003 and 2006. It was last sold for £230,000 in September 2018, which was around 31% below the average September 2018 detached price in the Leeds local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

23 MARCHANT WAY Sold Prices

Land registry data shows two sales for 23 MARCHANT WAY 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 23 MARCHANT 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
2018 24 SEP	£230,000	£332,751	31% below HPI
2005 29 JUL	£194,995	£238,933	18% below HPI

23 MARCHANT 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 two 23 MARCHANT WAY sales from July 2005 and September 2018 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 July 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 23 MARCHANT WAY?

23 MARCHANT WAY is 98m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of detached houses in Morley, based on EPC data. The below chart shows the distribution of detached houses by size in Morley, and where 23 MARCHANT WAY lies on this distribution: 42% of detached houses are smaller than 23 MARCHANT WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Morley.

23 MARCHANT WAY: Plot and Title Map

23 MARCHANT WAY sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 23 MARCHANT 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 23 MARCHANT 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 23 MARCHANT WAY?

23 MARCHANT WAY is located in CHURWELL, in the LS27 postcode district. The below map shows the position of No. 23 on MARCHANT WAY.