8, MARRON CLOSE, LEYLAND, PR25 1RX - £350,000

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.

8 MARRON CLOSE is a small extended detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £372,218. It was last sold for £350,000 in July 2023, which was around 15% above the average July 2023 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

8 MARRON CLOSE Sold Prices

Land registry data shows four sales for 8 MARRON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Most of the four 8 MARRON 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
2023 27 JUL	£350,000	£304,546	15% above HPI
2014 10 JUN	£174,000	£211,757	18% below HPI
2006 8 DEC	£175,000	£226,680	23% below HPI
2001 19 JAN	£82,000	£99,382	17% below HPI

8 MARRON 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 four 8 MARRON CLOSE sales between January 2001 and July 2023 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 June 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 8 MARRON CLOSE be worth now?

8 MARRON CLOSE might now be worth an estimated £372,218.

This is based on house price inflation of 6.3%, between July 2023 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 6.3% inflationary increase is applied to the most recent sale price for 8 MARRON CLOSE of £350,000 on 27th July 2023. For the value to have increased from £350,000 to £372,218 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 8 MARRON CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The July 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARRON CLOSE has not materially changed since July 2023.

How Large is 8 MARRON CLOSE?

8 MARRON CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leyland, and where 8 MARRON CLOSE lies on this distribution: 32% of detached houses houses are smaller than 8 MARRON CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Leyland.

8 MARRON CLOSE: Plot and Title Map

8 MARRON CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 8 MARRON 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 MARRON 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 MARRON CLOSE?

8 MARRON CLOSE is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 8 on MARRON CLOSE.