19, MEMORY CLOSE, FRECKLETON, PRESTON, PR4 1YS - £145,000

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.

19 MEMORY CLOSE is a very small terraced house of 43m², built sometime between 1976 and 1982, which could now be worth an estimated £149,193. It was last sold for £145,000 in September 2022, which was around 23% below the average September 2022 terraced price in the Fylde local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was C.

19 MEMORY CLOSE Sold Prices

Land registry data shows two sales for 19 MEMORY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Fylde local authority area for the corresponding sale date. Both of the two 19 MEMORY 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
2022 30 SEP	£145,000	£187,241	23% below HPI
2014 3 SEP	£105,000	£145,372	28% below HPI

19 MEMORY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Fylde local authority area over time, sourced from the HPI. The two 19 MEMORY CLOSE sales from September 2014 and September 2022 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 September 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 19 MEMORY CLOSE be worth now?

19 MEMORY CLOSE might now be worth an estimated £149,193.

This is based on house price inflation of 2.9%, between September 2022 and March 2026, for terraced houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.9% inflationary increase is applied to the most recent sale price for 19 MEMORY CLOSE of £145,000 on 30th September 2022. For the value to have increased from £145,000 to £149,193 over the four years and six months to March 2026, the following assumptions must hold true:

• The value of 19 MEMORY CLOSE has moved in line with the HPI for terraced houses in the Fylde local authority area.
• The September 2022 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 19 MEMORY CLOSE has not materially changed since September 2022.

How Large is 19 MEMORY CLOSE?

19 MEMORY CLOSE is 43m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of terraced houses houses in Freckleton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Freckleton, and where 19 MEMORY CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 19 MEMORY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Freckleton.

19 MEMORY CLOSE: Plot and Title Map

19 MEMORY CLOSE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 19 MEMORY 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 19 MEMORY 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 19 MEMORY CLOSE?

19 MEMORY CLOSE is located in FRECKLETON, in the PR4 postcode district. The below map shows the position of No. 19 on MEMORY CLOSE.