The relationship between lease length and premium is not linear. Costs often increase gradually above 80 years, then accelerate sharply once marriage value becomes payable.
Learn more: What Is Marriage Value?
Sample Size by Lease Length Band
Confidence in each band reflects the number of underlying tribunal cases. Bands with fewer than 20 cases should be interpreted cautiously.
- Under 60 years64 casesHigh Confidence
- 60–65 years88 casesHigh Confidence
- 65–70 years112 casesHigh Confidence
- 70–75 years134 casesHigh Confidence
- 75–80 years121 casesHigh Confidence
- 80–85 years53 casesHigh Confidence
- 85–90 years7 casesLow Confidence
- 90–95 years4 casesLow Confidence
- 95+ years5 casesLow Confidence
How Costs Change Around the 80-Year Threshold
Analysis of tribunal decisions consistently shows a change in valuation dynamics once leases fall below 80 years. At this point marriage value becomes payable, creating an additional component within the premium calculation. For deeper analysis of short-lease outcomes, see our research on premiums below 80 years.
Why Lease Length Matters
- Diminishing lease value. As the unexpired term falls, the value of the leasehold interest reduces — increasing the premium required to extend it.
- Marriage value. Below 80 years, marriage value becomes payable and is added to the premium. It can be a significant component.
- Tribunal evidence. Tribunals weigh comparable decisions and surveyor evidence heavily. Outcomes reflect what panels accepted on the evidence, not formula estimates.
- Comparable but different. Two flats with similar values can produce very different premiums depending on lease term, ground rent and the specific comparables relied on.
What Tribunal Decisions Reveal
LeaseIntel analyses First-tier Tribunal decisions to understand how premiums vary across comparable cases. Each decision is structured into variables — unfettered value, unexpired term, ground rent, deferment and region — so quotes can be benchmarked against the closest outcomes rather than a single formula estimate.
This positions LeaseIntel as a tribunal-data platform rather than a valuation calculator. The aim is to show how comparable disputes have actually been resolved, not to predict a single number.
For the rule that drives much of the change in premium as the term shortens, see our guide to the 80 year lease rule, and for dedicated analysis of short-lease outcomes our research on premiums below 80 years.
Compare Your Quote Against Comparable Tribunal Cases
Tribunal outcomes are driven by lease length, property value, ground rent and the comparable evidence accepted by the tribunal. Benchmark your quote against similar cases from the LeaseIntel database.
Benchmark My Quote Against Tribunal CasesFrequently asked questions
Methodology
Inclusion criteria, exclusions, sample size and calculation methodology vary by analysis. Statistics are based only on cases containing sufficient data for the relevant variables.
This analysis groups 595 First-tier Tribunal lease extension decisions by unexpired term at the valuation date. Bands with fewer observations are flagged with a confidence indicator and should be interpreted cautiously.
Caveats
- Tribunal decisions represent disputed cases rather than the entire market.
- Not all decisions contain every data field.
- Sample sizes vary by analysis.
- Small sample groups should be interpreted cautiously.
See How Your Quote Compares
Generic calculators provide estimates. LeaseIntel benchmarks lease extension quotes against real tribunal outcomes and comparable cases.
Benchmark My Quote Against Tribunal CasesLeaseIntel provides information and benchmarking based on tribunal decisions. It does not provide legal advice or valuation advice.