42, WOODCROFT CLOSE, PENWORTHAM, PRESTON, PR1 9BX - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

42 WOODCROFT CLOSE is a very small detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £280,634. It was last sold for £225,000 in October 2020, which was around 13% below the average October 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

42 WOODCROFT CLOSE Sold Prices

Land registry data shows two sales for 42 WOODCROFT 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 42 WOODCROFT 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
2020 12 OCT	£225,000	£259,672	13% below HPI
2009 10 JUL	£135,000	£206,600	35% below HPI

42 WOODCROFT 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 42 WOODCROFT CLOSE sales from July 2009 and October 2020 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 July 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 42 WOODCROFT CLOSE be worth now?

42 WOODCROFT CLOSE might now be worth an estimated £280,634.

This is based on house price inflation of 24.7%, between October 2020 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 24.7% inflationary increase is applied to the most recent sale price for 42 WOODCROFT CLOSE of £225,000 on 12th October 2020. For the value to have increased from £225,000 to £280,634 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 42 WOODCROFT CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The October 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 42 WOODCROFT CLOSE has not materially changed since October 2020.

How Large is 42 WOODCROFT CLOSE?

42 WOODCROFT CLOSE is 72m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% 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 42 WOODCROFT CLOSE lies on this distribution: 9% of detached houses houses are smaller than 42 WOODCROFT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

42 WOODCROFT CLOSE: Plot and Title Map

42 WOODCROFT CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 42 WOODCROFT 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 WOODCROFT 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 WOODCROFT CLOSE?

42 WOODCROFT CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 42 on WOODCROFT CLOSE.