3, GRANGE PARK CLOSE, PENWORTHAM, PRESTON, PR1 0JS - £337,600

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 GRANGE PARK CLOSE is a large extended detached house of 145m², built sometime between 1967 and 1975, which could now be worth an estimated £345,398. It was last sold for £337,600 in October 2024, which was around 7% above the average October 2024 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

3 GRANGE PARK CLOSE Sold Prices

Land registry data shows two sales for 3 GRANGE PARK 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. One of the two 3 GRANGE PARK CLOSE sales was for above the average price, whilst the other 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
2024 7 OCT	£337,600	£316,567	7% above HPI
2022 7 JAN	£260,000	£281,476	8% below HPI

3 GRANGE PARK 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 3 GRANGE PARK CLOSE sales from January 2022 and October 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 January 2022 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2024 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 3 GRANGE PARK CLOSE be worth now?

3 GRANGE PARK CLOSE might now be worth an estimated £345,398.

This is based on house price inflation of 2.3%, between October 2024 and February 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 2.3% inflationary increase is applied to the most recent sale price for 3 GRANGE PARK CLOSE of £337,600 on 7th October 2024. For the value to have increased from £337,600 to £345,398 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 3 GRANGE PARK CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The October 2024 sale price of £337,600 represented a fair market value for the property.
• The size, condition, and specification of 3 GRANGE PARK CLOSE has not materially changed since October 2024.

How Large is 3 GRANGE PARK CLOSE?

3 GRANGE PARK CLOSE is 145m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penwortham, and where 3 GRANGE PARK CLOSE lies on this distribution: 76% of detached houses houses are smaller than 3 GRANGE PARK CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

3 GRANGE PARK CLOSE: Plot and Title Map

3 GRANGE PARK CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 3 GRANGE 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 3 GRANGE 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 3 GRANGE PARK CLOSE?

3 GRANGE PARK CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 3 on GRANGE PARK CLOSE.