4, RILEY CLOSE, LEYLAND, PR25 3FL - £220,000

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.

4 RILEY CLOSE is a small detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £287,988. It was last sold for £220,000 in March 2020, which was around 12% below the average March 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

4 RILEY CLOSE Sold Prices

Land registry data shows two sales for 4 RILEY 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 4 RILEY 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
2020 13 MAR	£220,000	£250,243	12% below HPI
1996 4 SEP	£99,950	£81,455	23% above HPI

4 RILEY 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 4 RILEY CLOSE sales from September 1996 and March 2020 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 September 1996 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 RILEY CLOSE be worth now?

4 RILEY CLOSE might now be worth an estimated £287,988.

This is based on house price inflation of 30.9%, between March 2020 and May 2026, 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 30.9% inflationary increase is applied to the most recent sale price for 4 RILEY CLOSE of £220,000 on 13th March 2020. For the value to have increased from £220,000 to £287,988 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 RILEY CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The March 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RILEY CLOSE has not materially changed since March 2020.

How Large is 4 RILEY CLOSE?

4 RILEY CLOSE is 102m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leyland, and where 4 RILEY CLOSE lies on this distribution: 33% of detached houses houses are smaller than 4 RILEY CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Leyland.

4 RILEY CLOSE: Plot and Title Map

4 RILEY CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 4 RILEY 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 4 RILEY 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 4 RILEY CLOSE?

4 RILEY CLOSE is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 4 on RILEY CLOSE.