46, PARK CLOSE, RIBBLETON, PRESTON, PR2 6YW - £127,500

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.

46 PARK CLOSE is a very small terraced house of 65m², built sometime between 2007 and 2011, which could now be worth an estimated £215,188. It was last sold for £127,500 in October 2004, which was around 51% above the average October 2004 terraced price in the Preston local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

46 PARK CLOSE Sold Prices

Land registry data shows two sales for 46 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Preston local authority area for the corresponding sale date. Both of the two 46 PARK CLOSE sales were 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
2004 15 OCT	£127,500	£84,666	51% above HPI
2004 30 JAN	£119,950	£67,328	78% above HPI

46 PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Preston local authority area over time, sourced from the HPI. The two 46 PARK CLOSE sales from January 2004 and October 2004 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 January 2004 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the October 2004 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 46 PARK CLOSE be worth now?

46 PARK CLOSE might now be worth an estimated £215,188.

This is based on house price inflation of 68.8%, between October 2004 and May 2026, for terraced houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.8% inflationary increase is applied to the most recent sale price for 46 PARK CLOSE of £127,500 on 15th October 2004. For the value to have increased from £127,500 to £215,188 over the 22 years and five months to May 2026, the following assumptions must hold true:

• The value of 46 PARK CLOSE has moved in line with the HPI for terraced houses in the Preston local authority area.
• The October 2004 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 46 PARK CLOSE has not materially changed since October 2004.

How Large is 46 PARK CLOSE?

46 PARK CLOSE is 65m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of terraced houses houses in Preston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Preston, and where 46 PARK CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 46 PARK CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Preston.

46 PARK CLOSE: Plot and Title Map

46 PARK CLOSE sits on a plot of roughly 3.3 acres, or 13,436m². The below map shows the location of 46 PARK 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 46 PARK 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 46 PARK CLOSE?

46 PARK CLOSE is located in RIBBLETON, in the PR2 postcode district. The below map shows the position of No. 46 on PARK CLOSE.