4, GRANGE PARK CLOSE, PENWORTHAM, PRESTON, PR1 0JS - £220,000

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

4 GRANGE PARK CLOSE is a midsized detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £324,877. It was last sold for £220,000 in July 2015, which was about the average July 2015 detached price in the South Ribble local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was C.

4 GRANGE PARK CLOSE Sold Prices

Land registry data shows two sales for 4 GRANGE PARK 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. One of the two 4 GRANGE PARK CLOSE sales was roughly equal to the average price, whilst the other 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
2015 31 JUL	£220,000	£219,324	Close to HPI
2013 23 JAN	£210,000	£204,170	3% above HPI

4 GRANGE PARK 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 4 GRANGE PARK CLOSE sales from January 2013 and July 2015 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 January 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2015 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 GRANGE PARK CLOSE be worth now?

4 GRANGE PARK CLOSE might now be worth an estimated £324,877.

This is based on house price inflation of 47.7%, between July 2015 and February 2025, 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 47.7% inflationary increase is applied to the most recent sale price for 4 GRANGE PARK CLOSE of £220,000 on 31st July 2015. For the value to have increased from £220,000 to £324,877 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 4 GRANGE PARK CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The July 2015 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRANGE PARK CLOSE has not materially changed since July 2015.

How Large is 4 GRANGE PARK CLOSE?

4 GRANGE PARK CLOSE is 119m² according to the EPC inspection conducted in May 2011. This puts it in the largest 50% of detached houses houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penwortham, and where 4 GRANGE PARK CLOSE lies on this distribution: 57% of detached houses houses are smaller than 4 GRANGE PARK CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

4 GRANGE PARK CLOSE: Plot and Title Map

4 GRANGE PARK CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 4 GRANGE PARK 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 4 GRANGE PARK 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 4 GRANGE PARK CLOSE?

4 GRANGE PARK CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 4 on GRANGE PARK CLOSE.