18, PRIORY CLOSE, TARLETON, PRESTON, PR4 6LU - £275,000

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.

18 PRIORY CLOSE is a very small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £384,420. It was last sold for £275,000 in July 2017, which was about the average July 2017 detached price in the West Lancashire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

18 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 18 PRIORY 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 West Lancashire local authority area for the corresponding sale date. One of the two 18 PRIORY CLOSE sales was roughly equal to the average price, whilst the other was 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
2017 19 JUL	£275,000	£274,611	Close to HPI
2006 17 NOV	£195,000	£236,387	18% below HPI

18 PRIORY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 18 PRIORY CLOSE sales from November 2006 and July 2017 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 November 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 18 PRIORY CLOSE be worth now?

18 PRIORY CLOSE might now be worth an estimated £384,420.

This is based on house price inflation of 39.8%, between July 2017 and April 2026, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.8% inflationary increase is applied to the most recent sale price for 18 PRIORY CLOSE of £275,000 on 19th July 2017. For the value to have increased from £275,000 to £384,420 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of 18 PRIORY CLOSE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The July 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PRIORY CLOSE has not materially changed since July 2017.

How Large is 18 PRIORY CLOSE?

18 PRIORY CLOSE is 92m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses houses in Tarleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tarleton, and where 18 PRIORY CLOSE lies on this distribution: 19% of detached houses houses are smaller than 18 PRIORY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Tarleton.

18 PRIORY CLOSE: Plot and Title Map

18 PRIORY CLOSE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 18 PRIORY 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 18 PRIORY 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 18 PRIORY CLOSE?

18 PRIORY CLOSE is located in TARLETON, in the PR4 postcode district. The below map shows the position of No. 18 on PRIORY CLOSE.