38, TOWNLEA CLOSE, PENWORTHAM, PRESTON, PR1 0NY - £145,000

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.

38 TOWNLEA CLOSE is a small detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £230,396. It was last sold for £145,000 in June 2009, which was around 29% below the average June 2009 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

38 TOWNLEA CLOSE Sold Prices

Land registry data shows two sales for 38 TOWNLEA 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. Both of the two 38 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
2009 12 JUN	£145,000	£203,834	29% below HPI
2001 30 MAR	£71,250	£100,940	29% below HPI

38 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 two 38 TOWNLEA CLOSE sales from March 2001 and June 2009 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 March 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2009 sale, which was also at 29% below the HPI.

What might 38 TOWNLEA CLOSE be worth now?

38 TOWNLEA CLOSE might now be worth an estimated £230,396.

This is based on house price inflation of 58.9%, between June 2009 and February 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 58.9% inflationary increase is applied to the most recent sale price for 38 TOWNLEA CLOSE of £145,000 on 12th June 2009. For the value to have increased from £145,000 to £230,396 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of 38 TOWNLEA CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The June 2009 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 38 TOWNLEA CLOSE has not materially changed since June 2009.

How Large is 38 TOWNLEA CLOSE?

38 TOWNLEA CLOSE is 90m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 30% 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 38 TOWNLEA CLOSE lies on this distribution: 27% of detached houses houses are smaller than 38 TOWNLEA CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

38 TOWNLEA CLOSE: Plot and Title Map

38 TOWNLEA CLOSE sits on a plot of roughly 6.9 acres, or 28,009m². The below map shows the location of 38 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 38 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 38 TOWNLEA CLOSE?

38 TOWNLEA CLOSE is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 38 on TOWNLEA CLOSE.