2, PARKLANDS CLOSE, PENWORTHAM, PRESTON, PR1 0QN - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 PARKLANDS CLOSE is a very large extended detached house of 184m², built sometime between 1950 and 1966. It was last sold for £475,000 in November 2020, which was around 77% above the average November 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

2 PARKLANDS CLOSE Sold Prices

Land registry data shows three sales for 2 PARKLANDS 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. Two of the three 2 PARKLANDS CLOSE sales were for above the average price, whilst one was 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 11 NOV	£475,000	£268,527	77% above HPI
2007 21 MAR	£325,000	£237,197	37% above HPI
2002 28 JUN	£121,000	£123,910	2% below HPI

2 PARKLANDS 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 2 PARKLANDS CLOSE sales between June 2002 and November 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 March 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2020 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 2 PARKLANDS CLOSE?

2 PARKLANDS CLOSE is 184m², which includes four extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 2 PARKLANDS CLOSE lies on this distribution: 93% of detached houses are smaller than 2 PARKLANDS CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

2 PARKLANDS CLOSE: Plot and Title Map

2 PARKLANDS CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 2 PARKLANDS 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 PARKLANDS 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 PARKLANDS CLOSE?

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