14, HORNBEAM CLOSE, PENWORTHAM, PRESTON, PR1 0PT - £202,500

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.

14 HORNBEAM CLOSE is a small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £263,033. It was last sold for £202,500 in July 2019, which was around 17% below the average July 2019 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

14 HORNBEAM CLOSE Sold Prices

Land registry data shows two sales for 14 HORNBEAM 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 14 HORNBEAM 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
2019 26 JUL	£202,500	£244,448	17% below HPI
2019 17 JUN	£205,000	£245,439	16% below HPI

14 HORNBEAM 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 14 HORNBEAM CLOSE sales from June 2019 and July 2019 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 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 14 HORNBEAM CLOSE be worth now?

14 HORNBEAM CLOSE might now be worth an estimated £263,033.

This is based on house price inflation of 29.9%, between July 2019 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 29.9% inflationary increase is applied to the most recent sale price for 14 HORNBEAM CLOSE of £202,500 on 26th July 2019. For the value to have increased from £202,500 to £263,033 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 14 HORNBEAM CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The July 2019 sale price of £202,500 represented a fair market value for the property.
• The size, condition, and specification of 14 HORNBEAM CLOSE has not materially changed since July 2019.

How Large is 14 HORNBEAM CLOSE?

14 HORNBEAM CLOSE is 90m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% 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 14 HORNBEAM CLOSE lies on this distribution: 27% of detached houses houses are smaller than 14 HORNBEAM CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

14 HORNBEAM CLOSE: Plot and Title Map

14 HORNBEAM CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 14 HORNBEAM 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 14 HORNBEAM 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 14 HORNBEAM CLOSE?

14 HORNBEAM CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 14 on HORNBEAM CLOSE.