17, MEMORY CLOSE, FRECKLETON, PRESTON, PR4 1YS - £94,000

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.

17 MEMORY CLOSE is a small terraced house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £138,771. It was last sold for £94,000 in March 2011, which was around 28% below the average March 2011 terraced price in the Fylde local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

17 MEMORY CLOSE Sold Prices

Land registry data shows one sale for 17 MEMORY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Fylde local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 31 MAR	£94,000	£130,500	28% below HPI

What might 17 MEMORY CLOSE be worth now?

17 MEMORY CLOSE might now be worth an estimated £138,771.

This is based on house price inflation of 47.6%, between March 2011 and March 2026, for terraced 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 47.6% inflationary increase is applied to the most recent sale price for 17 MEMORY CLOSE of £94,000 on 31st March 2011. For the value to have increased from £94,000 to £138,771 over the fifteen years to March 2026, the following assumptions must hold true:

• The value of 17 MEMORY CLOSE has moved in line with the HPI for terraced houses in the Fylde local authority area.
• The March 2011 sale price of £94,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MEMORY CLOSE has not materially changed since March 2011.

How Large is 17 MEMORY CLOSE?

17 MEMORY CLOSE is 69m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 30% of terraced houses in Freckleton, based on EPC data. The below chart shows the distribution of terraced houses by size in Freckleton, and where 17 MEMORY CLOSE lies on this distribution: 29% of terraced houses are smaller than 17 MEMORY CLOSE, and 71% of terraced houses are larger. Note that EPC data is not available for all properties in Freckleton.

17 MEMORY CLOSE: Plot

17 MEMORY CLOSE sits on a plot of roughly 0.260 of an acre, or 1,054m².

Where is 17 MEMORY CLOSE?

17 MEMORY CLOSE is located in FRECKLETON, in the PR4 postcode district.