1, MERESIDE CLOSE, LONGTON, PRESTON, PR4 5ZY - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MERESIDE CLOSE is a large detached house of 144m², built sometime between 1996 and 2002. It was last sold for £325,000 in May 2013, which was around 53% above the average May 2013 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

1 MERESIDE CLOSE Sold Prices

Land registry data shows two sales for 1 MERESIDE 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 MERESIDE CLOSE sales were for above 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
2013 14 MAY	£325,000	£212,110	53% above HPI
2005 4 NOV	£299,950	£217,787	38% above HPI

1 MERESIDE 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 MERESIDE CLOSE sales from November 2005 and May 2013 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 November 2005 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2013 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 1 MERESIDE CLOSE?

1 MERESIDE CLOSE is 144m² according to the EPC inspection conducted in March 2012. This puts it in the largest 40% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 1 MERESIDE CLOSE lies on this distribution: 61% of detached houses are smaller than 1 MERESIDE CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Longton.

1 MERESIDE CLOSE: Plot and Title Map

1 MERESIDE CLOSE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 1 MERESIDE 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 MERESIDE 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 MERESIDE CLOSE?

1 MERESIDE CLOSE is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 1 on MERESIDE CLOSE.