3, WOOD LANE, FARNLEY, LEEDS, LS12 5LS - £109,000

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.

3 WOOD LANE is a very small terraced house of 57m², built sometime between 1976 and 1982, which could now be worth an estimated £188,115. It was last sold for £109,000 in April 2006, which was around 4% below the average April 2006 terraced price in the Leeds local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

3 WOOD LANE Sold Prices

Land registry data shows five sales for 3 WOOD LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Leeds local authority area for the corresponding sale date. Most of the five 3 WOOD LANE 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
2006 7 APR	£109,000	£113,733	4% below HPI
2004 20 FEB	£89,995	£84,993	6% above HPI
2003 10 JAN	£69,000	£68,143	1% above HPI
2000 31 MAR	£45,750	£41,810	9% above HPI
1998 22 DEC	£43,000	£38,787	11% above HPI

3 WOOD LANE 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 five 3 WOOD LANE sales between December 1998 and April 2006 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 February 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2006 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 WOOD LANE be worth now?

3 WOOD LANE might now be worth an estimated £188,115.

This is based on house price inflation of 72.6%, between April 2006 and June 2025, 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 72.6% inflationary increase is applied to the most recent sale price for 3 WOOD LANE of £109,000 on 7th April 2006. For the value to have increased from £109,000 to £188,115 over the eighteen years and ten months to June 2025, the following assumptions must hold true:

• The value of 3 WOOD LANE has moved in line with the HPI for terraced houses in the Leeds local authority area.
• The April 2006 sale price of £109,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WOOD LANE has not materially changed since April 2006.

How Large is 3 WOOD LANE?

3 WOOD LANE is 57m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% 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 3 WOOD LANE lies on this distribution: 2% of terraced houses houses are smaller than 3 WOOD LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Leeds.

3 WOOD LANE: Plot and Title Map

3 WOOD LANE sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 3 WOOD LANE, 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 3 WOOD LANE). 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 3 WOOD LANE?

3 WOOD LANE is located in FARNLEY, in the LS12 postcode district. The below map shows the position of No. 3 on WOOD LANE.