2, BANK CLOSE, LONGTON, PRESTON, PR4 5DH - £298,000

2 BANK CLOSE is a small detached house of 101m², built sometime between 1983 and 1990. It was last sold for £298,000 in December 2016, which was around 23% above the average December 2016 detached price in the South Ribble local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

2 BANK CLOSE Sold Prices

Land registry data shows two sales for 2 BANK 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 2 BANK 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
2016 7 DEC	£298,000	£242,487	23% above HPI
2012 14 JUN	£250,000	£213,816	17% above HPI

2 BANK 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 2 BANK CLOSE sales from June 2012 and December 2016 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 2012 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2016 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 2 BANK CLOSE?

2 BANK CLOSE is 101m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of detached houses in Longton, based on EPC data. The below chart shows the distribution of detached houses by size in Longton, and where 2 BANK CLOSE lies on this distribution: 25% of detached houses are smaller than 2 BANK CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Longton.

2 BANK CLOSE: Plot and Title Map

2 BANK CLOSE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 2 BANK 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 2 BANK 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 2 BANK CLOSE?

2 BANK CLOSE is located in LONGTON, in the PR4 postcode district. The below map shows the position of No. 2 on BANK CLOSE.