8, HAZEL CLOSE, PENWORTHAM, PRESTON, PR1 0YE - £217,500

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

8 HAZEL CLOSE is a very small detached house of 71m², built sometime before 1900. It was last sold for £217,500 in March 2017, which was around 11% below the average March 2017 detached price in the South Ribble local authority area. The most recent EPC inspection was June 2016, where the current energy rating was F, and the potential energy rating was B.

8 HAZEL CLOSE Sold Prices

Land registry data shows two sales for 8 HAZEL 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 8 HAZEL 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
2017 31 MAR	£217,500	£243,097	11% below HPI
2016 16 SEP	£156,000	£239,013	35% below HPI

8 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 two 8 HAZEL CLOSE sales from September 2016 and March 2017 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 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 8 HAZEL CLOSE?

8 HAZEL CLOSE is 71m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 8 HAZEL CLOSE lies on this distribution: 8% of detached houses are smaller than 8 HAZEL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

8 HAZEL CLOSE: Plot and Title Map

8 HAZEL CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 8 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 8 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 8 HAZEL CLOSE?

8 HAZEL CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 8 on HAZEL CLOSE.