5, SPEY CLOSE, LEYLAND, PR25 1RU - £165,000

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

5 SPEY CLOSE is a very small extended detached house of 76m², built sometime between 1983 and 1990. It was last sold for £165,000 in June 2020, which was around 36% below the average June 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

5 SPEY CLOSE Sold Prices

Land registry data shows two sales for 5 SPEY 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 5 SPEY 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 8 JUN	£165,000	£257,295	36% below HPI
2007 16 NOV	£135,000	£245,325	45% below HPI

5 SPEY 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 5 SPEY CLOSE sales from November 2007 and June 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 November 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 5 SPEY CLOSE?

5 SPEY CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses by size in Leyland, and where 5 SPEY CLOSE lies on this distribution: 7% of detached houses are smaller than 5 SPEY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Leyland.

5 SPEY CLOSE: Plot and Title Map

5 SPEY CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 5 SPEY 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 5 SPEY 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 5 SPEY CLOSE?

5 SPEY CLOSE is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 5 on SPEY CLOSE.