12, LOWRY CLOSE, LOSTOCK HALL, PRESTON, PR5 5ND - £148,000

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

12 LOWRY CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £148,000 in April 2013, which was around 28% below the average April 2013 detached price in the South Ribble local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

12 LOWRY CLOSE Sold Prices

Land registry data shows two sales for 12 LOWRY 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 12 LOWRY 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
2013 17 APR	£148,000	£205,359	28% below HPI
2004 3 SEP	£85,000	£197,838	57% below HPI

12 LOWRY 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 12 LOWRY CLOSE sales from September 2004 and April 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 September 2004 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the April 2013 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 12 LOWRY CLOSE be worth now?

12 LOWRY CLOSE might now be worth an estimated £233,317.

This is based on house price inflation of 57.6%, between April 2013 and December 2024, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.6% inflationary increase is applied to the most recent sale price for 12 LOWRY CLOSE of £148,000 on 17th April 2013. For the value to have increased from £148,000 to £233,317 over the ten years and four months to December 2024, the following assumptions must hold true:

• The value of 12 LOWRY CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The April 2013 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LOWRY CLOSE has not materially changed since April 2013.

How Large is 12 LOWRY CLOSE?

12 LOWRY CLOSE is 76m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% of detached houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bamber Bridge, and where 12 LOWRY CLOSE lies on this distribution: 13% of detached houses houses are smaller than 12 LOWRY CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

12 LOWRY CLOSE: Plot and Title Map

12 LOWRY CLOSE sits on a plot of roughly 0.199 of an acre, or 804m². The below map shows the location of 12 LOWRY 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 12 LOWRY 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 12 LOWRY CLOSE?

12 LOWRY CLOSE is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 12 on LOWRY CLOSE.