9, TILLAGE CLOSE, WALMER BRIDGE, PRESTON, PR4 5BZ - £326,000

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.

9 TILLAGE CLOSE is a midsized detached house of 131m², which could now be worth an estimated £424,362. It was last sold for £326,000 in November 2018, which was around 31% above the average November 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was B.

9 TILLAGE CLOSE Sold Prices

Land registry data shows two sales for 9 TILLAGE 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 9 TILLAGE 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
2018 13 NOV	£326,000	£248,808	31% above HPI
2014 22 AUG	£304,995	£214,526	42% above HPI

9 TILLAGE 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 9 TILLAGE CLOSE sales from August 2014 and November 2018 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 August 2014 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2018 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 9 TILLAGE CLOSE be worth now?

9 TILLAGE CLOSE might now be worth an estimated £424,362.

This is based on house price inflation of 30.2%, between November 2018 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 30.2% inflationary increase is applied to the most recent sale price for 9 TILLAGE CLOSE of £326,000 on 13th November 2018. For the value to have increased from £326,000 to £424,362 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 TILLAGE CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The November 2018 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of 9 TILLAGE CLOSE has not materially changed since November 2018.

How Large is 9 TILLAGE CLOSE?

9 TILLAGE CLOSE is 131m² according to the EPC inspection conducted in April 2013. This puts it in the largest 40% of detached houses houses in Walmer Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walmer Bridge, and where 9 TILLAGE CLOSE lies on this distribution: 59% of detached houses houses are smaller than 9 TILLAGE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Walmer Bridge.

Where is 9 TILLAGE CLOSE?

9 TILLAGE CLOSE is located in WALMER BRIDGE, in the PR4 postcode district. The below map shows the position of No. 9 on TILLAGE CLOSE.