12, PARK FARM CLOSE, LONGTON, PRESTON, PR4 5ZG - £327,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 PARK FARM CLOSE is a midsized detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £444,549. It was last sold for £327,500 in June 2017, which was around 37% above the average June 2017 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

12 PARK FARM CLOSE Sold Prices

Land registry data shows three sales for 12 PARK FARM 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 South Ribble local authority area for the corresponding sale date. All of the three 12 PARK FARM 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
2017 23 JUN	£327,500	£238,602	37% above HPI
2003 2 JUL	£239,000	£154,661	55% above HPI
1999 30 APR	£141,995	£87,365	63% above HPI

12 PARK FARM 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 three 12 PARK FARM CLOSE sales between April 1999 and June 2017 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 2003 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the June 2017 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 12 PARK FARM CLOSE be worth now?

12 PARK FARM CLOSE might now be worth an estimated £444,549.

This is based on house price inflation of 35.7%, between June 2017 and February 2025, 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 35.7% inflationary increase is applied to the most recent sale price for 12 PARK FARM CLOSE of £327,500 on 23rd June 2017. For the value to have increased from £327,500 to £444,549 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 12 PARK FARM CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The June 2017 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 12 PARK FARM CLOSE has not materially changed since June 2017.

How Large is 12 PARK FARM CLOSE?

12 PARK FARM CLOSE is 131m² according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses houses in Longton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longton, and where 12 PARK FARM CLOSE lies on this distribution: 52% of detached houses houses are smaller than 12 PARK FARM CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Longton.

12 PARK FARM CLOSE: Plot and Title Map

12 PARK FARM CLOSE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 12 PARK FARM 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 PARK FARM 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 PARK FARM CLOSE?

12 PARK FARM CLOSE is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 12 on PARK FARM CLOSE.