7, RONWOOD CLOSE, ELSWICK, PRESTON, PR4 3ZN - £167,900

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.

7 RONWOOD CLOSE is a small detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £212,927. It was last sold for £167,900 in March 2019, which was around 44% below the average March 2019 detached price in the Fylde local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was C.

7 RONWOOD CLOSE Sold Prices

Land registry data shows two sales for 7 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. Both of the two 7 RONWOOD 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
2019 19 MAR	£167,900	£299,469	44% below HPI
2000 14 DEC	£89,950	£123,274	27% below HPI

7 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 7 RONWOOD CLOSE sales from December 2000 and March 2019 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 December 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 7 RONWOOD CLOSE be worth now?

7 RONWOOD CLOSE might now be worth an estimated £212,927.

This is based on house price inflation of 26.8%, between March 2019 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 26.8% inflationary increase is applied to the most recent sale price for 7 RONWOOD CLOSE of £167,900 on 19th March 2019. For the value to have increased from £167,900 to £212,927 over the six years and ten months to May 2026, the following assumptions must hold true:

• The value of 7 RONWOOD CLOSE has moved in line with the HPI for detached houses in the Fylde local authority area.
• The March 2019 sale price of £167,900 represented a fair market value for the property.
• The size, condition, and specification of 7 RONWOOD CLOSE has not materially changed since March 2019.

How Large is 7 RONWOOD CLOSE?

7 RONWOOD CLOSE is 105m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% 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 7 RONWOOD CLOSE lies on this distribution: 31% of detached houses houses are smaller than 7 RONWOOD CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Elswick.

7 RONWOOD CLOSE: Plot and Title Map

7 RONWOOD CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 7 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 7 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 7 RONWOOD CLOSE?

7 RONWOOD CLOSE is located in ELSWICK, in the PR4 postcode district. The below map shows the position of No. 7 on RONWOOD CLOSE.