1, BROADWOOD CLOSE, PENWORTHAM, PRESTON, PR1 0XU - £225,000

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.

1 BROADWOOD CLOSE is a midsized extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £310,106. It was last sold for £225,000 in October 2016, which was around 4% below the average October 2016 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was C.

1 BROADWOOD CLOSE Sold Prices

Land registry data shows two sales for 1 BROADWOOD 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 South Ribble local authority area for the corresponding sale date. Both of the two 1 BROADWOOD 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
2016 28 OCT	£225,000	£234,993	4% below HPI
1998 24 JUL	£82,800	£86,451	4% below HPI

1 BROADWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 1 BROADWOOD CLOSE sales from July 1998 and October 2016 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 July 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2016 sale, which was also at 4% below the HPI.

What might 1 BROADWOOD CLOSE be worth now?

1 BROADWOOD CLOSE might now be worth an estimated £310,106.

This is based on house price inflation of 37.8%, between October 2016 and February 2025, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.8% inflationary increase is applied to the most recent sale price for 1 BROADWOOD CLOSE of £225,000 on 28th October 2016. For the value to have increased from £225,000 to £310,106 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 BROADWOOD CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The October 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BROADWOOD CLOSE has not materially changed since October 2016.

How Large is 1 BROADWOOD CLOSE?

1 BROADWOOD CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of detached houses houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penwortham, and where 1 BROADWOOD CLOSE lies on this distribution: 42% of detached houses houses are smaller than 1 BROADWOOD CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

1 BROADWOOD CLOSE: Plot and Title Map

1 BROADWOOD CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 1 BROADWOOD 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 BROADWOOD 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 BROADWOOD CLOSE?

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