3, ORCHARD FARM CLOSE, MERE BROW, PRESTON, PR4 6JZ - £320,000

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

3 ORCHARD FARM CLOSE is a midsized detached house of 144m². It was last sold for £320,000 in October 2020, which was around 11% above the average October 2020 detached price in the West Lancashire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was B, and the potential energy rating was A.

3 ORCHARD FARM CLOSE Sold Prices

Land registry data shows two sales for 3 ORCHARD FARM 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 West Lancashire local authority area for the corresponding sale date. Both of the two 3 ORCHARD FARM CLOSE sales were for above 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
2020 2 OCT	£320,000	£288,170	11% above HPI
2016 19 DEC	£275,000	£266,563	3% above HPI

3 ORCHARD FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 3 ORCHARD FARM CLOSE sales from December 2016 and October 2020 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 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 3 ORCHARD FARM CLOSE?

3 ORCHARD FARM CLOSE is 144m² according to the EPC inspection conducted in January 2016. This puts it in the largest 50% of detached houses in Mere Brow, based on EPC data. The below chart shows the distribution of detached houses by size in Mere Brow, and where 3 ORCHARD FARM CLOSE lies on this distribution: 51% of detached houses are smaller than 3 ORCHARD FARM CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Mere Brow.

3 ORCHARD FARM CLOSE: Plot and Title Map

3 ORCHARD FARM CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 3 ORCHARD FARM 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 ORCHARD FARM 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 ORCHARD FARM CLOSE?

3 ORCHARD FARM CLOSE is located in MERE BROW, in the PR4 postcode district. The below map shows the position of No. 3 on ORCHARD FARM CLOSE.