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
4 MERESIDE CLOSE is a midsized detached house of 124m², built sometime between 1983 and 1990. It was last sold for £380,000 in June 2022, which was around 26% above the average June 2022 detached price in the South Ribble local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 4 MERESIDE CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the four 4 MERESIDE 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 |
---|---|---|---|
2022 23 JUN | £380,000 | £302,533 | 26% above HPI |
2002 31 MAY | £149,000 | £119,626 | 25% above HPI |
2001 31 MAY | £137,000 | £105,674 | 30% above HPI |
1998 4 SEP | £105,000 | £92,741 | 13% above HPI |
The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The four 4 MERESIDE CLOSE sales between September 1998 and June 2022 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 May 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.
4 MERESIDE CLOSE is 124m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 4 MERESIDE CLOSE lies on this distribution: 47% of detached houses are smaller than 4 MERESIDE CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Longton.
4 MERESIDE CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 4 MERESIDE 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 MERESIDE 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.
4 MERESIDE CLOSE is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 4 on MERESIDE CLOSE.