48, TOWNLEA CLOSE, PENWORTHAM, PRESTON, PR1 0NY - £320,000

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

48 TOWNLEA CLOSE is a midsized detached house of 114m², built sometime between 1996 and 2002. It was last sold for £320,000 in April 2021, which was around 20% above the average April 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

48 TOWNLEA CLOSE Sold Prices

Land registry data shows two sales for 48 TOWNLEA 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 48 TOWNLEA 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
2021 7 APR	£320,000	£266,833	20% above HPI
2001 26 FEB	£121,950	£102,517	19% above HPI

48 TOWNLEA 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 48 TOWNLEA CLOSE sales from February 2001 and April 2021 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 February 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 48 TOWNLEA CLOSE?

48 TOWNLEA CLOSE is 114m² according to the EPC inspection conducted in May 2012. This puts it in the largest 50% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 48 TOWNLEA CLOSE lies on this distribution: 50% of detached houses are smaller than 48 TOWNLEA CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

48 TOWNLEA CLOSE: Plot and Title Map

48 TOWNLEA CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 48 TOWNLEA 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 48 TOWNLEA 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 48 TOWNLEA CLOSE?

48 TOWNLEA CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 48 on TOWNLEA CLOSE.