1, MOORFIELD CLOSE, PENWORTHAM, PRESTON, PR1 0NW - £325,000

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.

1 MOORFIELD CLOSE is a very large extended detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £485,562. It was last sold for £325,000 in January 2015, which was around 50% above the average January 2015 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was C.

1 MOORFIELD CLOSE Sold Prices

Land registry data shows two sales for 1 MOORFIELD 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 1 MOORFIELD 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
2015 23 JAN	£325,000	£216,781	50% above HPI
1999 28 MAY	£143,940	£89,011	62% above HPI

1 MOORFIELD 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 1 MOORFIELD CLOSE sales from May 1999 and January 2015 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 May 1999 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the January 2015 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 1 MOORFIELD CLOSE be worth now?

1 MOORFIELD CLOSE might now be worth an estimated £485,562.

This is based on house price inflation of 49.4%, between January 2015 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 49.4% inflationary increase is applied to the most recent sale price for 1 MOORFIELD CLOSE of £325,000 on 23rd January 2015. For the value to have increased from £325,000 to £485,562 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 MOORFIELD CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The January 2015 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MOORFIELD CLOSE has not materially changed since January 2015.

How Large is 1 MOORFIELD CLOSE?

1 MOORFIELD CLOSE is 163m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penwortham, and where 1 MOORFIELD CLOSE lies on this distribution: 87% of detached houses houses are smaller than 1 MOORFIELD CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

1 MOORFIELD CLOSE: Plot and Title Map

1 MOORFIELD CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 1 MOORFIELD 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 1 MOORFIELD 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 1 MOORFIELD CLOSE?

1 MOORFIELD CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 1 on MOORFIELD CLOSE.