8, THE SPINNEY, LEEDS, LS9 8JZ - £23,000

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.

8 THE SPINNEY is a very small terraced house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £42,882. It was last sold for £23,000 in April 2011, which was around 79% below the average April 2011 terraced price in the Leeds local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

8 THE SPINNEY Sold Prices

Land registry data shows two sales for 8 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Leeds local authority area for the corresponding sale date. Both of the two 8 THE SPINNEY 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
2011 12 APR	£23,000	£109,803	79% below HPI
2009 30 SEP	£22,500	£111,540	80% below HPI

8 THE SPINNEY 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 two 8 THE SPINNEY sales from September 2009 and April 2011 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 September 2009 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the April 2011 sale, where it rises to 79% below the HPI. The line then continues to track at 79% below the HPI.

What might 8 THE SPINNEY be worth now?

8 THE SPINNEY might now be worth an estimated £42,882.

This is based on house price inflation of 86.4%, between April 2011 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 86.4% inflationary increase is applied to the most recent sale price for 8 THE SPINNEY of £23,000 on 12th April 2011. For the value to have increased from £23,000 to £42,882 over the fourteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 8 THE SPINNEY has moved in line with the HPI for terraced houses in the Leeds local authority area.
• The April 2011 sale price of £23,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE SPINNEY has not materially changed since April 2011.

How Large is 8 THE SPINNEY?

8 THE SPINNEY is 55m² according to the EPC inspection conducted in May 2009. 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 8 THE SPINNEY lies on this distribution: 1% of terraced houses houses are smaller than 8 THE SPINNEY, and 99% of houses are larger. Note that EPC data is not available for all properties in Leeds.

8 THE SPINNEY: Plot and Title Map

8 THE SPINNEY sits on a plot of roughly 0.544 of an acre, or 2,203m². The below map shows the location of 8 THE SPINNEY, 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 8 THE SPINNEY). 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 8 THE SPINNEY?

8 THE SPINNEY is located in LEEDS, in the LS9 postcode district. The below map shows the position of No. 8 on THE SPINNEY.