6, RONWOOD CLOSE, ELSWICK, PRESTON, PR4 3ZN - £281,000

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.

6 RONWOOD CLOSE is a midsized detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £367,754. It was last sold for £281,000 in August 2007, which was around 3% below the average August 2007 detached price in the Fylde local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

6 RONWOOD CLOSE Sold Prices

Land registry data shows two sales for 6 RONWOOD 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 Fylde local authority area for the corresponding sale date. One of the two 6 RONWOOD CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2007 20 AUG	£281,000	£290,189	3% below HPI
2004 21 JUL	£240,000	£239,386	Close to HPI

6 RONWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The two 6 RONWOOD CLOSE sales from July 2004 and August 2007 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 July 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2007 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 6 RONWOOD CLOSE be worth now?

6 RONWOOD CLOSE might now be worth an estimated £367,754.

This is based on house price inflation of 30.9%, between August 2007 and May 2026, for 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 30.9% inflationary increase is applied to the most recent sale price for 6 RONWOOD CLOSE of £281,000 on 20th August 2007. For the value to have increased from £281,000 to £367,754 over the nineteen years and three months to May 2026, the following assumptions must hold true:

• The value of 6 RONWOOD CLOSE has moved in line with the HPI for detached houses in the Fylde local authority area.
• The August 2007 sale price of £281,000 represented a fair market value for the property.
• The size, condition, and specification of 6 RONWOOD CLOSE has not materially changed since August 2007.

How Large is 6 RONWOOD CLOSE?

6 RONWOOD CLOSE is 122m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 50% of detached houses houses in Elswick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elswick, and where 6 RONWOOD CLOSE lies on this distribution: 46% of detached houses houses are smaller than 6 RONWOOD CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Elswick.

6 RONWOOD CLOSE: Plot and Title Map

6 RONWOOD CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 6 RONWOOD 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 6 RONWOOD 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 6 RONWOOD CLOSE?

6 RONWOOD CLOSE is located in ELSWICK, in the PR4 postcode district. The below map shows the position of No. 6 on RONWOOD CLOSE.