23, SETTLE VALE, MORLEY, LEEDS, LS27 8YW - £295,000

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.

23 SETTLE VALE is a very small detached house of 79m², built in 2016, which could now be worth an estimated £309,552. It was last sold for £295,000 in September 2023, which was around 32% below the average September 2023 detached price in the Leeds local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

23 SETTLE VALE Sold Prices

Land registry data shows two sales for 23 SETTLE VALE 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 SETTLE VALE 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
2023 22 SEP	£295,000	£431,738	32% below HPI
2017 21 DEC	£234,950	£319,687	27% below HPI

23 SETTLE VALE 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 SETTLE VALE sales from December 2017 and September 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 December 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 23 SETTLE VALE be worth now?

23 SETTLE VALE might now be worth an estimated £309,552.

This is based on house price inflation of 4.9%, between September 2023 and May 2026, for detached 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 4.9% inflationary increase is applied to the most recent sale price for 23 SETTLE VALE of £295,000 on 22nd September 2023. For the value to have increased from £295,000 to £309,552 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 23 SETTLE VALE has moved in line with the HPI for detached houses in the Leeds local authority area.
• The September 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SETTLE VALE has not materially changed since September 2023.

How Large is 23 SETTLE VALE?

23 SETTLE VALE is 79m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% of detached houses houses in Morley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morley, and where 23 SETTLE VALE lies on this distribution: 17% of detached houses houses are smaller than 23 SETTLE VALE, and 82% of houses are larger. Note that EPC data is not available for all properties in Morley.

Where is 23 SETTLE VALE?

23 SETTLE VALE is located in MORLEY, in the LS27 postcode district. The below map shows the position of No. 23 on SETTLE VALE.