1, OAKFORD CLOSE, BANKS, SOUTHPORT, PR9 8BP - £330,000

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 OAKFORD CLOSE is a small detached house of 100m², built sometime between 1976 and 1982. It was last sold for £330,000 in August 2020, which was around 14% above the average August 2020 detached price in the West Lancashire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

1 OAKFORD CLOSE Sold Prices

Land registry data shows three sales for 1 OAKFORD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 1 OAKFORD 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
2020 21 AUG	£330,000	£289,657	14% above HPI
2012 20 JUL	£287,500	£239,257	20% above HPI
1997 13 JUN	£94,950	£93,748	1% above HPI

1 OAKFORD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 1 OAKFORD CLOSE sales between June 1997 and August 2020 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 2012 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 1 OAKFORD CLOSE?

1 OAKFORD CLOSE is 100m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses in Banks, based on EPC data. The below chart shows the distribution of detached houses by size in Banks, and where 1 OAKFORD CLOSE lies on this distribution: 22% of detached houses are smaller than 1 OAKFORD CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Banks.

1 OAKFORD CLOSE: Plot and Title Map

1 OAKFORD CLOSE sits on a plot of roughly 0.284 of an acre, or 1,150m². The below map shows the location of 1 OAKFORD 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 OAKFORD 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 OAKFORD CLOSE?

1 OAKFORD CLOSE is located in BANKS, in the PR9 postcode district. The below map shows the position of No. 1 on OAKFORD CLOSE.