Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 RILEY CLOSE is a small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £201,000 in December 2013, which was around 10% below the average December 2013 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 2 RILEY CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Most of the four 2 RILEY 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 9 DEC | £201,000 | £223,274 | 10% below HPI |
2002 12 APR | £107,000 | £116,550 | 8% below HPI |
1999 28 MAY | £87,000 | £91,589 | 5% below HPI |
1996 29 FEB | £85,950 | £79,253 | 8% above HPI |
The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The four 2 RILEY CLOSE sales between February 1996 and December 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 April 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2013 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
2 RILEY CLOSE is 89m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% of detached houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses by size in Leyland, and where 2 RILEY CLOSE lies on this distribution: 22% of detached houses are smaller than 2 RILEY CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Leyland.
2 RILEY CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 2 RILEY 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 RILEY 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.
2 RILEY CLOSE is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 2 on RILEY CLOSE.