1, ACORN CLOSE, PRESTON, PR1 6RB - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ACORN CLOSE is a very small detached house of 0m², which could now be worth an estimated £242,211. It was last sold for £165,000 in July 2009, which was around 26% below the average July 2009 detached price in the Preston local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

1 ACORN CLOSE Sold Prices

Land registry data shows two sales for 1 ACORN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Both of the two 1 ACORN CLOSE 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
2009 17 JUL	£165,000	£221,658	26% below HPI
2009 23 FEB	£165,000	£228,561	28% below HPI

1 ACORN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two 1 ACORN CLOSE sales from February 2009 and July 2009 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 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2009 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 ACORN CLOSE be worth now?

1 ACORN CLOSE might now be worth an estimated £242,211.

This is based on house price inflation of 46.8%, between July 2009 and December 2024, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.8% inflationary increase is applied to the most recent sale price for 1 ACORN CLOSE of £165,000 on 17th July 2009. For the value to have increased from £165,000 to £242,211 over the fourteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 ACORN CLOSE has moved in line with the HPI for detached houses in the Preston local authority area.
• The July 2009 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ACORN CLOSE has not materially changed since July 2009.

How Large is 1 ACORN CLOSE?

1 ACORN CLOSE is 0m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of detached houses houses in Preston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Preston, and where 1 ACORN CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 1 ACORN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Preston.

1 ACORN CLOSE: Plot and Title Map

1 ACORN CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 1 ACORN CLOSE, 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 1 ACORN CLOSE). 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 1 ACORN CLOSE?

1 ACORN CLOSE is located in PRESTON, in the PR1 postcode district. The below map shows the position of No. 1 on ACORN CLOSE.