10, MEDLAR CLOSE, WESHAM, PRESTON, PR4 3EJ - £185,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 MEDLAR CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £185,000 in March 2021, which was around 39% below the average March 2021 detached price in the Fylde local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

10 MEDLAR CLOSE Sold Prices

Land registry data shows four sales for 10 MEDLAR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. All of the four 10 MEDLAR 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 4 MAR	£185,000	£302,914	39% below HPI
2021 26 FEB	£190,000	£308,403	38% below HPI
2017 3 MAR	£173,500	£281,145	38% below HPI
1997 27 JUN	£73,950	£95,690	23% below HPI

10 MEDLAR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The four 10 MEDLAR CLOSE sales between June 1997 and March 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 February 2021 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 10 MEDLAR CLOSE?

10 MEDLAR CLOSE is 77m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Wesham, based on EPC data. The below chart shows the distribution of detached houses by size in Wesham, and where 10 MEDLAR CLOSE lies on this distribution: 5% of detached houses are smaller than 10 MEDLAR CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wesham.

10 MEDLAR CLOSE: Plot and Title Map

10 MEDLAR CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 10 MEDLAR 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 10 MEDLAR 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 10 MEDLAR CLOSE?

10 MEDLAR CLOSE is located in WESHAM, in the PR4 postcode district. The below map shows the position of No. 10 on MEDLAR CLOSE.