1, TILLAGE CLOSE, WALMER BRIDGE, PRESTON, PR4 5BZ - £297,500

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 TILLAGE CLOSE is a midsized detached house of 117m², which could now be worth an estimated £363,622. It was last sold for £297,500 in May 2021, which was around 15% above the average May 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

1 TILLAGE CLOSE Sold Prices

Land registry data shows four sales for 1 TILLAGE 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 1 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
2021 19 MAY	£297,500	£259,781	15% above HPI
2020 26 OCT	£292,500	£259,672	13% above HPI
2020 1 MAY	£4,100	£247,761	98% below HPI
2013 21 JUN	£250,000	£206,777	21% above HPI

1 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 four 1 TILLAGE CLOSE sales between June 2013 and May 2021 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 October 2020 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 1 TILLAGE CLOSE be worth now?

1 TILLAGE CLOSE might now be worth an estimated £363,622.

This is based on house price inflation of 22.2%, between May 2021 and June 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 22.2% inflationary increase is applied to the most recent sale price for 1 TILLAGE CLOSE of £297,500 on 19th May 2021. For the value to have increased from £297,500 to £363,622 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 1 TILLAGE CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The May 2021 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 1 TILLAGE CLOSE has not materially changed since May 2021.

How Large is 1 TILLAGE CLOSE?

1 TILLAGE CLOSE is 117m² according to the EPC inspection conducted in June 2013. This puts it in the largest 50% 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 1 TILLAGE CLOSE lies on this distribution: 48% of detached houses houses are smaller than 1 TILLAGE CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Walmer Bridge.

1 TILLAGE CLOSE: Plot and Title Map

1 TILLAGE CLOSE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 1 TILLAGE 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 TILLAGE 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 TILLAGE CLOSE?

1 TILLAGE CLOSE is located in WALMER BRIDGE, in the PR4 postcode district. The below map shows the position of No. 1 on TILLAGE CLOSE.