6, HAZEL CLOSE, PENWORTHAM, PRESTON, PR1 0YE - £255,000

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.

6 HAZEL CLOSE is a very small detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £294,446. It was last sold for £255,000 in September 2021, which was around 9% below the average September 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

6 HAZEL CLOSE Sold Prices

Land registry data shows three sales for 6 HAZEL 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 South Ribble local authority area for the corresponding sale date. Two of the three 6 HAZEL CLOSE sales were for below the average price, whilst one was 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 10 SEP	£255,000	£280,490	9% below HPI
2019 18 DEC	£155,000	£241,440	36% below HPI
2004 25 MAR	£175,000	£169,081	4% above HPI

6 HAZEL 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 three 6 HAZEL CLOSE sales between March 2004 and September 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 December 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 6 HAZEL CLOSE be worth now?

6 HAZEL CLOSE might now be worth an estimated £294,446.

This is based on house price inflation of 15.5%, between September 2021 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 15.5% inflationary increase is applied to the most recent sale price for 6 HAZEL CLOSE of £255,000 on 10th September 2021. For the value to have increased from £255,000 to £294,446 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 6 HAZEL CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The September 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 6 HAZEL CLOSE has not materially changed since September 2021.

How Large is 6 HAZEL CLOSE?

6 HAZEL CLOSE is 71m² according to the EPC inspection conducted in October 2019. 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 6 HAZEL CLOSE lies on this distribution: 8% of detached houses houses are smaller than 6 HAZEL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

6 HAZEL CLOSE: Plot and Title Map

6 HAZEL CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 6 HAZEL 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 6 HAZEL 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 6 HAZEL CLOSE?

6 HAZEL CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 6 on HAZEL CLOSE.