2, EDWARD CLOSE, TARLETON, PRESTON, PR4 6NE - £225,000

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.

2 EDWARD CLOSE is a small extended detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £314,146. It was last sold for £225,000 in August 2016, which was around 17% below the average August 2016 detached price in the West Lancashire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

2 EDWARD CLOSE Sold Prices

Land registry data shows three sales for 2 EDWARD 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 West Lancashire local authority area for the corresponding sale date. One of the three 2 EDWARD CLOSE sales was for below the average price, whilst two 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 11 AUG	£225,000	£270,778	17% below HPI
2006 18 AUG	£242,500	£238,847	2% above HPI
2002 28 MAR	£139,950	£127,731	10% above HPI

2 EDWARD 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 three 2 EDWARD CLOSE sales between March 2002 and August 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 August 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 EDWARD CLOSE be worth now?

2 EDWARD CLOSE might now be worth an estimated £314,146.

This is based on house price inflation of 39.6%, between August 2016 and March 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 39.6% inflationary increase is applied to the most recent sale price for 2 EDWARD CLOSE of £225,000 on 11th August 2016. For the value to have increased from £225,000 to £314,146 over the ten years and five months to March 2026, the following assumptions must hold true:

• The value of 2 EDWARD CLOSE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The August 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 EDWARD CLOSE has not materially changed since August 2016.

How Large is 2 EDWARD CLOSE?

2 EDWARD CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% 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 2 EDWARD CLOSE lies on this distribution: 31% of detached houses houses are smaller than 2 EDWARD CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Tarleton.

2 EDWARD CLOSE: Plot and Title Map

2 EDWARD CLOSE sits on a plot of roughly 15.2 acres, or 61,498m². The below map shows the location of 2 EDWARD 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 EDWARD 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 EDWARD CLOSE?

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