Methodology

How LeaseIntel produces a benchmark

Transparency is core to what we do. Below is how the data is sourced, how benchmarks are calculated, and where the limits of the analysis sit.

Data sources

Tribunal decisions published over more than twenty years by the First-tier Tribunal (Property Chamber) and predecessor bodies. Decisions are structured into a comparable case database covering lease term, region, ground rent, marriage value treatment and outcome. The current headline analysis of that dataset is published as Lease Extension Statistics 2026, and the individual decisions that sit behind it are indexed in the Tribunal Database.

The database contains thousands of published tribunal records. Coverage and the number of records available for any particular calculation vary by decision type, data completeness and the current production dataset, so subsample sizes for individual analyses differ from the headline case count. Precise per-analysis counts are shown on each report against the dataset version used for that report.

How benchmarks are calculated

For each quote we identify a pool of comparable tribunal decisions based on region and lease characteristics. We then compute a typical range (interquartile range) and a median outcome from that pool. Your quote is positioned against this range to indicate whether it sits below, within or above typical outcomes. Worked examples of how those pools behave in practice appear in our cost by property value and London borough analyses.

Confidence framework

High

Large pool of recent, closely comparable decisions.

Medium

Reasonable pool of broadly comparable decisions.

Low

Limited comparable decisions; treat as directional only.

Limitations

  • LeaseIntel is not a valuation.
  • LeaseIntel cannot account for every property-specific factor.
  • Tribunal decisions may not reflect all current market conditions.
  • Not every decision records every variable, so subsamples for individual analyses (lease length, property value, region) are smaller than the headline case count.
  • Tribunal decisions describe disputed cases and do not describe the whole lease-extension market.

See the Sources & attributions page for the archives used and their licence terms.

Source attribution

Material sourced from the GOV.UK Residential Property Tribunal decisions collection is used under the Open Government Licence v3.0, except where otherwise stated. The applicable terms for material from other archives — including the historical Leasehold Advisory Service decisions archive — are identified separately and are under review; no general licence statement is asserted over those items.

Individual decisions or documents may carry their own copyright notice; those terms apply in place of the general statement above.

Independence

LeaseIntel is an independent research service operated by Geoff Money Ltd. It is not affiliated with, endorsed by, or acting on behalf of HM Courts & Tribunals Service, the First-tier Tribunal (Property Chamber), GOV.UK or the Leasehold Advisory Service. Its analysis is derived from published tribunal decisions and does not represent the views of those bodies.

Disclaimer

LeaseIntel provides information and benchmarking only. It is not legal, valuation or financial advice. Users making material financial decisions should obtain independent professional advice. Parts of the analysis pipeline use third-party AI processing; AI outputs may contain errors and are reviewed before being relied upon.

Ready to benchmark your quote?

Free preview in under a minute.

Reports temporarily unavailable