8, PARK FARM CLOSE, LONGTON, PRESTON, PR4 5ZG - £375,000

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

8 PARK FARM CLOSE is a very large detached house of 187m², built sometime between 1996 and 2002. It was last sold for £375,000 in September 2013, which was around 74% above the average September 2013 detached price in the South Ribble local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

8 PARK FARM CLOSE Sold Prices

Land registry data shows five sales for 8 PARK FARM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the five 8 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
2013 12 SEP	£375,000	£215,408	74% above HPI
2007 23 MAR	£380,000	£237,197	60% above HPI
2003 12 SEP	£290,000	£167,762	73% above HPI
2002 17 APR	£215,000	£116,550	84% above HPI
1999 17 DEC	£215,000	£95,101	126% above HPI

8 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 five 8 PARK FARM CLOSE sales between December 1999 and September 2013 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 March 2007 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the September 2013 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is 8 PARK FARM CLOSE?

8 PARK FARM CLOSE is 187m² according to the EPC inspection conducted in November 2012. This puts it in the largest 20% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 8 PARK FARM CLOSE lies on this distribution: 81% of detached houses are smaller than 8 PARK FARM CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Longton.

8 PARK FARM CLOSE: Plot and Title Map

8 PARK FARM CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 8 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 8 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 8 PARK FARM CLOSE?

8 PARK FARM CLOSE is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 8 on PARK FARM CLOSE.