7A, MILFORD CLOSE, CATTERALL, PRESTON, PR3 0GE - £185,000

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.

7A MILFORD CLOSE is a very small detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £261,839. It was last sold for £185,000 in July 2009, which was around 16% below the average July 2009 detached price in the Wyre local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

7A MILFORD CLOSE Sold Prices

Land registry data shows three sales for 7A MILFORD 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 Wyre local authority area for the corresponding sale date. All of the three 7A MILFORD 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
2009 13 JUL	£185,000	£219,069	16% below HPI
2003 18 SEP	£130,000	£161,636	20% below HPI
2002 12 JUN	£93,000	£120,890	23% below HPI

7A MILFORD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The three 7A MILFORD CLOSE sales between June 2002 and July 2009 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 September 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2009 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7A MILFORD CLOSE be worth now?

7A MILFORD CLOSE might now be worth an estimated £261,839.

This is based on house price inflation of 41.5%, between July 2009 and February 2025, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.5% inflationary increase is applied to the most recent sale price for 7A MILFORD CLOSE of £185,000 on 13th July 2009. For the value to have increased from £185,000 to £261,839 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 7A MILFORD CLOSE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The July 2009 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 7A MILFORD CLOSE has not materially changed since July 2009.

How Large is 7A MILFORD CLOSE?

7A MILFORD CLOSE is 71m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses houses in Catterall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Catterall, and where 7A MILFORD CLOSE lies on this distribution: 3% of detached houses houses are smaller than 7A MILFORD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Catterall.

7A MILFORD CLOSE: Plot and Title Map

7A MILFORD CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 7A MILFORD 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 7A MILFORD 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 7A MILFORD CLOSE?

7A MILFORD CLOSE is located in CATTERALL, in the PR3 postcode district. The below map shows the position of No. 7A on MILFORD CLOSE.