1, REDSHANK CLOSE, BANKS, SOUTHPORT, PR9 8RW - £260,000

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 REDSHANK CLOSE is a small detached house of 109m². It was last sold for £260,000 in January 2021, which was around 14% below the average January 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was A.

1 REDSHANK CLOSE Sold Prices

Land registry data shows two sales for 1 REDSHANK 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 West Lancashire local authority area for the corresponding sale date. Both of the two 1 REDSHANK 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
2021 22 JAN	£260,000	£302,720	14% below HPI
2018 16 JAN	£245,000	£274,684	11% below HPI

1 REDSHANK 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 two 1 REDSHANK CLOSE sales from January 2018 and January 2021 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 January 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 REDSHANK CLOSE?

1 REDSHANK CLOSE is 109m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% 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 REDSHANK CLOSE lies on this distribution: 32% of detached houses are smaller than 1 REDSHANK CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Banks.

1 REDSHANK CLOSE: Plot and Title Map

1 REDSHANK CLOSE sits on a plot of roughly 2.3 acres, or 9,220m². The below map shows the location of 1 REDSHANK 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 REDSHANK 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 REDSHANK CLOSE?

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