2, TOWNLEA CLOSE, PENWORTHAM, PRESTON, PR1 0NY - £340,000

2 TOWNLEA CLOSE is a large extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £340,000 in December 2021, which was around 17% above the average December 2021 detached price in the South Ribble local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

2 TOWNLEA CLOSE Sold Prices

Land registry data shows five sales for 2 TOWNLEA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Most of the five 2 TOWNLEA 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 13 DEC	£340,000	£291,576	17% above HPI
2014 14 NOV	£200,000	£224,392	11% below HPI
2003 6 AUG	£152,000	£161,531	6% below HPI
2002 31 JAN	£105,000	£115,939	9% below HPI
2000 28 APR	£99,500	£95,286	4% above HPI

2 TOWNLEA 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 five 2 TOWNLEA 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 November 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 TOWNLEA CLOSE?

2 TOWNLEA CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 40% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 2 TOWNLEA CLOSE lies on this distribution: 68% of detached houses are smaller than 2 TOWNLEA CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

2 TOWNLEA CLOSE: Plot and Title Map

2 TOWNLEA CLOSE sits on a plot of roughly 7.0 acres, or 28,478m². The below map shows the location of 2 TOWNLEA 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 TOWNLEA 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 TOWNLEA CLOSE?

2 TOWNLEA CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 2 on TOWNLEA CLOSE.