2, GREENHILL CLOSE, PENWORTHAM, PRESTON, PR1 9AG - £215,000

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 GREENHILL CLOSE is a small detached house of 82m², which could now be worth an estimated £280,633. It was last sold for £215,000 in June 2020, which was around 14% below the average June 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

2 GREENHILL CLOSE Sold Prices

Land registry data shows two sales for 2 GREENHILL 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 GREENHILL 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
2020 18 JUN	£215,000	£250,051	14% below HPI
2018 27 JUL	£243,535	£245,708	1% below HPI

2 GREENHILL 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 GREENHILL CLOSE sales from July 2018 and June 2020 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 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 GREENHILL CLOSE be worth now?

2 GREENHILL CLOSE might now be worth an estimated £280,633.

This is based on house price inflation of 30.5%, between June 2020 and March 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 30.5% inflationary increase is applied to the most recent sale price for 2 GREENHILL CLOSE of £215,000 on 18th June 2020. For the value to have increased from £215,000 to £280,633 over the five years and three months to March 2025, the following assumptions must hold true:

• The value of 2 GREENHILL CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The June 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREENHILL CLOSE has not materially changed since June 2020.

How Large is 2 GREENHILL CLOSE?

2 GREENHILL CLOSE is 82m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% 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 2 GREENHILL CLOSE lies on this distribution: 21% of detached houses houses are smaller than 2 GREENHILL CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

2 GREENHILL CLOSE: Plot and Title Map

2 GREENHILL CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 2 GREENHILL 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 GREENHILL 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 GREENHILL CLOSE?

2 GREENHILL CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 2 on GREENHILL CLOSE.