42, PARK CLOSE, RIBBLETON, PRESTON, PR2 6YW - £172,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

42 PARK CLOSE is a small extended semi-detached house of 90m², built sometime between 2003 and 2006. It was last sold for £172,000 in August 2022, which was around 39% below the average August 2022 detached price in the Preston local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

42 PARK CLOSE Sold Prices

Land registry data shows four sales for 42 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four 42 PARK 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
2022 25 AUG	£172,000	£279,775	39% below HPI
2015 1 MAY	£121,000	£216,488	44% below HPI
2008 10 OCT	£134,000	£222,461	40% below HPI
2003 10 OCT	£109,498	£154,410	29% below HPI

42 PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The four 42 PARK CLOSE sales between October 2003 and August 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 2015 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2022 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 42 PARK CLOSE?

42 PARK CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses in Preston, based on EPC data. The below chart shows the distribution of detached houses by size in Preston, and where 42 PARK CLOSE lies on this distribution: 32% of detached houses are smaller than 42 PARK CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Preston.

42 PARK CLOSE: Plot and Title Map

42 PARK CLOSE sits on a plot of roughly 3.3 acres, or 13,436m². The below map shows the location of 42 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 42 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 42 PARK CLOSE?

42 PARK CLOSE is located in RIBBLETON, in the PR2 postcode district. The below map shows the position of No. 42 on PARK CLOSE.