2, MEMORY CLOSE, FRECKLETON, PRESTON, PR4 1YS - £287,000

2 MEMORY CLOSE is a midsized detached house of 118m², built sometime between 1967 and 1975. It was last sold for £287,000 in December 2021, which was around 15% below the average December 2021 detached price in the Fylde local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

2 MEMORY CLOSE Sold Prices

Land registry data shows three sales for 2 MEMORY 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 Fylde local authority area for the corresponding sale date. All of the three 2 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
2021 22 DEC	£287,000	£338,919	15% below HPI
2003 23 JUL	£172,500	£196,021	12% below HPI
2000 7 APR	£84,000	£109,176	23% below HPI

2 MEMORY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The three 2 MEMORY CLOSE sales between April 2000 and December 2021 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 July 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 MEMORY CLOSE?

2 MEMORY CLOSE is 118m² according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses in Freckleton, based on EPC data. The below chart shows the distribution of detached houses by size in Freckleton, and where 2 MEMORY CLOSE lies on this distribution: 55% of detached houses are smaller than 2 MEMORY CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Freckleton.

2 MEMORY CLOSE: Plot and Title Map

2 MEMORY CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 2 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 2 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 2 MEMORY CLOSE?

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