3, OAK CLOSE, PENWORTHAM, PRESTON, PR1 0UN - £172,500

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

3 OAK CLOSE is a very small detached house of 59m². It was last sold for £172,500 in November 2017, which was around 30% below the average November 2017 detached price in the South Ribble local authority area. The most recent EPC inspection was April 2009, where the current energy rating was B, and the potential energy rating was B.

3 OAK CLOSE Sold Prices

Land registry data shows two sales for 3 OAK 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. Both of the two 3 OAK 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
2017 3 NOV	£172,500	£247,150	30% below HPI
2010 22 DEC	£147,000	£225,784	35% below HPI

3 OAK 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 OAK CLOSE sales from December 2010 and November 2017 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 December 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 OAK CLOSE?

3 OAK CLOSE is 59m² according to the EPC inspection conducted in April 2009. 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 3 OAK CLOSE lies on this distribution: 2% of detached houses are smaller than 3 OAK CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

3 OAK CLOSE: Plot and Title Map

3 OAK CLOSE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 3 OAK 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 OAK 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 OAK CLOSE?

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