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
26 WALNUT CLOSE is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £237,000 in May 2024, which was around 26% below the average May 2024 detached price in the South Ribble local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 26 WALNUT CLOSE since 1st 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 26 WALNUT 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 |
---|---|---|---|
2024 2 MAY | £237,000 | £319,757 | 26% below HPI |
2017 20 NOV | £172,500 | £247,150 | 30% below HPI |
The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 26 WALNUT CLOSE sales from November 2017 and May 2024 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 November 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2024 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
26 WALNUT CLOSE is 70m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 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 26 WALNUT CLOSE lies on this distribution: 7% of detached houses are smaller than 26 WALNUT CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Penwortham.
26 WALNUT CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 26 WALNUT 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 26 WALNUT 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.
26 WALNUT CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 26 on WALNUT CLOSE.