4, RICHARDSON CLOSE, FRECKLETON, PRESTON, PR4 1PF - £225,000

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 RICHARDSON CLOSE is a midsized detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £289,416. It was last sold for £225,000 in August 2019, which was around 26% below the average August 2019 detached price in the Fylde local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

4 RICHARDSON CLOSE Sold Prices

Land registry data shows three sales for 4 RICHARDSON 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 Fylde local authority area for the corresponding sale date. One of the three 4 RICHARDSON CLOSE sales was for below the average price, whilst two 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
2019 16 AUG	£225,000	£305,776	26% below HPI
2009 1 MAY	£265,000	£255,572	4% above HPI
2001 2 NOV	£145,000	£131,778	10% above HPI

4 RICHARDSON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The three 4 RICHARDSON CLOSE sales between November 2001 and August 2019 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 2009 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 4 RICHARDSON CLOSE be worth now?

4 RICHARDSON CLOSE might now be worth an estimated £289,416.

This is based on house price inflation of 28.6%, between August 2019 and February 2025, for detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.6% inflationary increase is applied to the most recent sale price for 4 RICHARDSON CLOSE of £225,000 on 16th August 2019. For the value to have increased from £225,000 to £289,416 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 4 RICHARDSON CLOSE has moved in line with the HPI for detached houses in the Fylde local authority area.
• The August 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RICHARDSON CLOSE has not materially changed since August 2019.

How Large is 4 RICHARDSON CLOSE?

4 RICHARDSON CLOSE is 115m² according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses houses in Freckleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Freckleton, and where 4 RICHARDSON CLOSE lies on this distribution: 50% of detached houses houses are smaller than 4 RICHARDSON CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Freckleton.

4 RICHARDSON CLOSE: Plot and Title Map

4 RICHARDSON CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 4 RICHARDSON 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 RICHARDSON 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 RICHARDSON CLOSE?

4 RICHARDSON CLOSE is located in FRECKLETON, in the PR4 postcode district. The below map shows the position of No. 4 on RICHARDSON CLOSE.