38, TOWNLEA CLOSE, PENWORTHAM, PRESTON, PR1 0NY - £145,000

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

38 TOWNLEA CLOSE is a small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £145,000 in June 2009, which was around 31% below the average June 2009 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

38 TOWNLEA CLOSE Sold Prices

Land registry data shows two sales for 38 TOWNLEA 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 38 TOWNLEA 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
2009 12 JUN	£145,000	£209,739	31% below HPI
2001 30 MAR	£71,250	£103,865	31% below HPI

38 TOWNLEA 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 38 TOWNLEA CLOSE sales from March 2001 and June 2009 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 March 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2009 sale, which was also at 31% below the HPI.

How Large is 38 TOWNLEA CLOSE?

38 TOWNLEA CLOSE is 90m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 30% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 38 TOWNLEA CLOSE lies on this distribution: 27% of detached houses are smaller than 38 TOWNLEA CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

38 TOWNLEA CLOSE: Plot and Title Map

38 TOWNLEA CLOSE sits on a plot of roughly 7.0 acres, or 28,478m². The below map shows the location of 38 TOWNLEA 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 38 TOWNLEA 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 38 TOWNLEA CLOSE?

38 TOWNLEA CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 38 on TOWNLEA CLOSE.