3, PEARWOOD CLOSE, BAMBER BRIDGE, PRESTON, PR5 6DE - £236,000

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 PEARWOOD CLOSE is a midsized detached house of 100m². It was last sold for £236,000 in June 2021, which was around 11% below the average June 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

3 PEARWOOD CLOSE Sold Prices

Land registry data shows three sales for 3 PEARWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Two of the three 3 PEARWOOD CLOSE sales were for below the average price, whilst one was 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
2021 22 JUN	£236,000	£266,408	11% below HPI
2018 21 SEP	£220,000	£246,638	11% below HPI
2014 31 JAN	£216,995	£213,966	1% above HPI

3 PEARWOOD 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 three 3 PEARWOOD CLOSE sales between January 2014 and June 2021 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 September 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2021 sale, which was also at 11% below the HPI.

What might 3 PEARWOOD CLOSE be worth now?

3 PEARWOOD CLOSE might now be worth an estimated £286,789.

This is based on house price inflation of 21.5%, between June 2021 and December 2024, 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 21.5% inflationary increase is applied to the most recent sale price for 3 PEARWOOD CLOSE of £236,000 on 22nd June 2021. For the value to have increased from £236,000 to £286,789 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 3 PEARWOOD CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The June 2021 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PEARWOOD CLOSE has not materially changed since June 2021.

How Large is 3 PEARWOOD CLOSE?

3 PEARWOOD CLOSE is 100m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 50% of detached houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bamber Bridge, and where 3 PEARWOOD CLOSE lies on this distribution: 41% of detached houses houses are smaller than 3 PEARWOOD CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

3 PEARWOOD CLOSE: Plot and Title Map

3 PEARWOOD CLOSE sits on a plot of roughly 9.6 acres, or 39,047m². The below map shows the location of 3 PEARWOOD 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 PEARWOOD 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 PEARWOOD CLOSE?

3 PEARWOOD CLOSE is located in BAMBER BRIDGE, in the PR5 postcode district. The below map shows the position of No. 3 on PEARWOOD CLOSE.