7, PARK FARM CLOSE, LONGTON, PRESTON, PR4 5ZG - £281,000

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

7 PARK FARM CLOSE is a midsized extended detached house of 138m², built sometime between 1996 and 2002. It was last sold for £281,000 in January 2015, which was around 26% above the average January 2015 detached price in the South Ribble local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

7 PARK FARM CLOSE Sold Prices

Land registry data shows three sales for 7 PARK FARM 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. All of the three 7 PARK FARM 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
2015 22 JAN	£281,000	£223,061	26% above HPI
2006 19 OCT	£300,000	£228,254	31% above HPI
1999 26 NOV	£134,995	£94,362	43% above HPI

7 PARK FARM 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 7 PARK FARM CLOSE sales between November 1999 and January 2015 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 October 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2015 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 7 PARK FARM CLOSE?

7 PARK FARM CLOSE is 138m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 50% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 7 PARK FARM CLOSE lies on this distribution: 57% of detached houses are smaller than 7 PARK FARM CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Longton.

7 PARK FARM CLOSE: Plot and Title Map

7 PARK FARM CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 7 PARK FARM 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 7 PARK FARM 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 7 PARK FARM CLOSE?

7 PARK FARM CLOSE is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 7 on PARK FARM CLOSE.