3, KNIGHTSBRIDGE CLOSE, WESHAM, PRESTON, PR4 3EQ - £159,000

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.

3 KNIGHTSBRIDGE CLOSE is a very small extended semi-detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £183,556. It was last sold for £159,000 in April 2021, which was around 23% below the average April 2021 semi-detached price in the Fylde local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

3 KNIGHTSBRIDGE CLOSE Sold Prices

Land registry data shows six sales for 3 KNIGHTSBRIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Fylde local authority area for the corresponding sale date. Most of the six 3 KNIGHTSBRIDGE 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 1 APR	£159,000	£206,513	23% below HPI
2018 31 OCT	£155,000	£195,303	21% below HPI
2016 31 MAR	£159,000	£178,021	11% below HPI
2010 17 AUG	£150,000	£178,167	16% below HPI
2005 28 JAN	£149,950	£163,288	8% below HPI
1995 31 MAR	£57,000	£55,769	2% above HPI

3 KNIGHTSBRIDGE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fylde local authority area over time, sourced from the HPI. The six 3 KNIGHTSBRIDGE CLOSE sales between March 1995 and April 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 October 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 KNIGHTSBRIDGE CLOSE be worth now?

3 KNIGHTSBRIDGE CLOSE might now be worth an estimated £183,556.

This is based on house price inflation of 15.4%, between April 2021 and April 2026, for semi-detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.4% inflationary increase is applied to the most recent sale price for 3 KNIGHTSBRIDGE CLOSE of £159,000 on 1st April 2021. For the value to have increased from £159,000 to £183,556 over the five years to April 2026, the following assumptions must hold true:

• The value of 3 KNIGHTSBRIDGE CLOSE has moved in line with the HPI for semi-detached houses in the Fylde local authority area.
• The April 2021 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 3 KNIGHTSBRIDGE CLOSE has not materially changed since April 2021.

How Large is 3 KNIGHTSBRIDGE CLOSE?

3 KNIGHTSBRIDGE CLOSE is 83m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of semi-detached houses houses in Wesham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wesham, and where 3 KNIGHTSBRIDGE CLOSE lies on this distribution: 12% of semi-detached houses houses are smaller than 3 KNIGHTSBRIDGE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wesham.

3 KNIGHTSBRIDGE CLOSE: Plot and Title Map

3 KNIGHTSBRIDGE CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 3 KNIGHTSBRIDGE 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 3 KNIGHTSBRIDGE 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 3 KNIGHTSBRIDGE CLOSE?

3 KNIGHTSBRIDGE CLOSE is located in WESHAM, in the PR4 postcode district. The below map shows the position of No. 3 on KNIGHTSBRIDGE CLOSE.