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

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 ORCHARD FARM CLOSE is a midsized detached house of 144m², which could now be worth an estimated £408,736. It was last sold for £320,000 in October 2020, which was around 12% 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	£285,466	12% above HPI
2016 19 DEC	£275,000	£264,062	4% 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3 ORCHARD FARM CLOSE be worth now?

3 ORCHARD FARM CLOSE might now be worth an estimated £408,736.

This is based on house price inflation of 27.7%, between October 2020 and February 2025, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.7% inflationary increase is applied to the most recent sale price for 3 ORCHARD FARM CLOSE of £320,000 on 2nd October 2020. For the value to have increased from £320,000 to £408,736 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 ORCHARD FARM CLOSE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The October 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ORCHARD FARM CLOSE has not materially changed since October 2020.

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 houses in Mere Brow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mere Brow, and where 3 ORCHARD FARM CLOSE lies on this distribution: 49% of detached houses houses are smaller than 3 ORCHARD FARM CLOSE, and 47% 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.