2, ELDER CLOSE, LEYLAND, PR25 1FG - £335,000

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.

2 ELDER CLOSE is a midsized detached house of 117m², built in 2018, which could now be worth an estimated £352,897. It was last sold for £335,000 in October 2022, which was around 9% above the average October 2022 detached price in the South Ribble local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

2 ELDER CLOSE Sold Prices

Land registry data shows two sales for 2 ELDER 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 2 ELDER 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
2022 5 OCT	£335,000	£307,454	9% above HPI
2021 30 JUN	£274,950	£266,408	3% above HPI

2 ELDER 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 2 ELDER CLOSE sales from June 2021 and October 2022 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 June 2021 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 ELDER CLOSE be worth now?

2 ELDER CLOSE might now be worth an estimated £352,897.

This is based on house price inflation of 5.3%, between October 2022 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 5.3% inflationary increase is applied to the most recent sale price for 2 ELDER CLOSE of £335,000 on 5th October 2022. For the value to have increased from £335,000 to £352,897 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 ELDER CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The October 2022 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELDER CLOSE has not materially changed since October 2022.

How Large is 2 ELDER CLOSE?

2 ELDER CLOSE is 117m² according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leyland, and where 2 ELDER CLOSE lies on this distribution: 54% of detached houses houses are smaller than 2 ELDER CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Leyland.

2 ELDER CLOSE: Plot and Title Map

2 ELDER CLOSE sits on a plot of roughly 17.5 acres, or 70,766m². The below map shows the location of 2 ELDER 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 2 ELDER 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 2 ELDER CLOSE?

2 ELDER CLOSE is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 2 on ELDER CLOSE.