16, OLD SCHOOL CLOSE, LEYLAND, PR26 7SS - £230,000

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.

16 OLD SCHOOL CLOSE is a midsized detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £288,734. It was last sold for £230,000 in September 2020, which was around 11% below the average September 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

16 OLD SCHOOL CLOSE Sold Prices

Land registry data shows three sales for 16 OLD SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. All of the three 16 OLD SCHOOL 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
2020 11 SEP	£230,000	£257,393	11% below HPI
2014 12 AUG	£185,000	£214,526	14% below HPI
2002 13 JUN	£106,000	£120,421	12% below HPI

16 OLD SCHOOL 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 three 16 OLD SCHOOL CLOSE sales between June 2002 and September 2020 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 16 OLD SCHOOL CLOSE be worth now?

16 OLD SCHOOL CLOSE might now be worth an estimated £288,734.

This is based on house price inflation of 25.5%, between September 2020 and October 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 25.5% inflationary increase is applied to the most recent sale price for 16 OLD SCHOOL CLOSE of £230,000 on 11th September 2020. For the value to have increased from £230,000 to £288,734 over the four years and eleven months to October 2025, the following assumptions must hold true:

• The value of 16 OLD SCHOOL CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The September 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OLD SCHOOL CLOSE has not materially changed since September 2020.

How Large is 16 OLD SCHOOL CLOSE?

16 OLD SCHOOL CLOSE is 120m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leyland, and where 16 OLD SCHOOL CLOSE lies on this distribution: 59% of detached houses houses are smaller than 16 OLD SCHOOL CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Leyland.

16 OLD SCHOOL CLOSE: Plot and Title Map

16 OLD SCHOOL CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 16 OLD SCHOOL 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 16 OLD SCHOOL 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 16 OLD SCHOOL CLOSE?

16 OLD SCHOOL CLOSE is located in LEYLAND, in the PR26 postcode district. The below map shows the position of No. 16 on OLD SCHOOL CLOSE.