23, HORNBEAM CLOSE, PENWORTHAM, PRESTON, PR1 0PT - £235,000

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.

23 HORNBEAM CLOSE is a midsized extended detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £296,572. It was last sold for £235,000 in December 2018, which was around 7% below the average December 2018 detached price in the South Ribble local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

23 HORNBEAM CLOSE Sold Prices

Land registry data shows two sales for 23 HORNBEAM 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. One of the two 23 HORNBEAM CLOSE sales was for below the average price, whilst the other was 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
2018 19 DEC	£235,000	£251,599	7% below HPI
2001 25 MAY	£135,000	£102,699	31% above HPI

23 HORNBEAM 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 23 HORNBEAM CLOSE sales from May 2001 and December 2018 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 May 2001 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 23 HORNBEAM CLOSE be worth now?

23 HORNBEAM CLOSE might now be worth an estimated £296,572.

This is based on house price inflation of 26.2%, between December 2018 and June 2025, for 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 26.2% inflationary increase is applied to the most recent sale price for 23 HORNBEAM CLOSE of £235,000 on 19th December 2018. For the value to have increased from £235,000 to £296,572 over the seven years and six months to June 2025, the following assumptions must hold true:

• The value of 23 HORNBEAM CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The December 2018 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 23 HORNBEAM CLOSE has not materially changed since December 2018.

How Large is 23 HORNBEAM CLOSE?

23 HORNBEAM CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penwortham, and where 23 HORNBEAM CLOSE lies on this distribution: 55% of detached houses houses are smaller than 23 HORNBEAM CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

23 HORNBEAM CLOSE: Plot and Title Map

23 HORNBEAM CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 23 HORNBEAM 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 23 HORNBEAM 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 23 HORNBEAM CLOSE?

23 HORNBEAM CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 23 on HORNBEAM CLOSE.