24, PARK CLOSE, RIBBLETON, PRESTON, PR2 6YW - £208,000

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

24 PARK CLOSE is a small extended detached house of 97m², built sometime between 2003 and 2006. It was last sold for £208,000 in April 2022, which was around 22% below the average April 2022 detached price in the Preston local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

24 PARK CLOSE Sold Prices

Land registry data shows four sales for 24 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Most of the four 24 PARK 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
2022 7 APR	£208,000	£267,259	22% below HPI
2017 10 MAR	£180,000	£222,852	19% below HPI
2014 21 MAR	£165,000	£206,720	20% below HPI
2003 28 FEB	£139,950	£135,534	3% above HPI

24 PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The four 24 PARK CLOSE sales between February 2003 and April 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 March 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 24 PARK CLOSE?

24 PARK CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 24 PARK CLOSE lies on this distribution: 39% of detached houses are smaller than 24 PARK CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Preston.

24 PARK CLOSE: Plot and Title Map

24 PARK CLOSE sits on a plot of roughly 3.3 acres, or 13,436m². The below map shows the location of 24 PARK 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 24 PARK 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 24 PARK CLOSE?

24 PARK CLOSE is located in RIBBLETON, in the PR2 postcode district. The below map shows the position of No. 24 on PARK CLOSE.