2, MALVERN CLOSE, LOSTOCK HALL, PRESTON, PR5 5YU - £115,000

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 MALVERN CLOSE is a very small semi-detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £169,772. It was last sold for £115,000 in November 2014, which was around 17% below the average November 2014 semi-detached price in the South Ribble local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

2 MALVERN CLOSE Sold Prices

Land registry data shows five sales for 2 MALVERN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the South Ribble local authority area for the corresponding sale date. All of the five 2 MALVERN 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
2014 28 NOV	£115,000	£138,903	17% below HPI
2011 28 JUN	£85,000	£131,706	35% below HPI
2010 5 MAR	£110,000	£139,372	21% below HPI
2001 22 OCT	£56,500	£63,987	12% below HPI
1998 4 SEP	£46,950	£54,811	14% below HPI

2 MALVERN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Ribble local authority area over time, sourced from the HPI. The five 2 MALVERN CLOSE sales between September 1998 and November 2014 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 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 MALVERN CLOSE be worth now?

2 MALVERN CLOSE might now be worth an estimated £169,772.

This is based on house price inflation of 47.6%, between November 2014 and February 2025, for semi-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 47.6% inflationary increase is applied to the most recent sale price for 2 MALVERN CLOSE of £115,000 on 28th November 2014. For the value to have increased from £115,000 to £169,772 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 MALVERN CLOSE has moved in line with the HPI for semi-detached houses in the South Ribble local authority area.
• The November 2014 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MALVERN CLOSE has not materially changed since November 2014.

How Large is 2 MALVERN CLOSE?

2 MALVERN CLOSE is 58m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of semi-detached houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bamber Bridge, and where 2 MALVERN CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 2 MALVERN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

2 MALVERN CLOSE: Plot and Title Map

2 MALVERN CLOSE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 2 MALVERN 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 MALVERN 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 MALVERN CLOSE?

2 MALVERN CLOSE is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 2 on MALVERN CLOSE.