11, OLD STATION CLOSE, GRIMSARGH, PRESTON, PR2 5JD - £129,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 OLD STATION CLOSE is a very small detached house of 46m², built sometime between 1976 and 1982, which could now be worth an estimated £173,739. It was last sold for £129,950 in March 2018, which was around 47% below the average March 2018 detached price in the Preston local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

11 OLD STATION CLOSE Sold Prices

Land registry data shows three sales for 11 OLD STATION 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 Preston local authority area for the corresponding sale date. All of the three 11 OLD STATION 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
2018 21 MAR	£129,950	£243,373	47% below HPI
2014 11 JUL	£109,000	£228,708	52% below HPI
2000 18 MAY	£60,000	£100,317	40% below HPI

11 OLD STATION CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The three 11 OLD STATION CLOSE sales between May 2000 and March 2018 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 2014 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the March 2018 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 11 OLD STATION CLOSE be worth now?

11 OLD STATION CLOSE might now be worth an estimated £173,739.

This is based on house price inflation of 33.7%, between March 2018 and December 2024, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.7% inflationary increase is applied to the most recent sale price for 11 OLD STATION CLOSE of £129,950 on 21st March 2018. For the value to have increased from £129,950 to £173,739 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of 11 OLD STATION CLOSE has moved in line with the HPI for detached houses in the Preston local authority area.
• The March 2018 sale price of £129,950 represented a fair market value for the property.
• The size, condition, and specification of 11 OLD STATION CLOSE has not materially changed since March 2018.

How Large is 11 OLD STATION CLOSE?

11 OLD STATION CLOSE is 46m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Grimsargh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimsargh, and where 11 OLD STATION CLOSE lies on this distribution: 1% of detached houses houses are smaller than 11 OLD STATION CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

11 OLD STATION CLOSE: Plot and Title Map

11 OLD STATION CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 11 OLD STATION 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 11 OLD STATION 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 11 OLD STATION CLOSE?

11 OLD STATION CLOSE is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 11 on OLD STATION CLOSE.