2, SOLWAY CLOSE, PENWORTHAM, PRESTON, PR1 9RT - £130,000

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.

2 SOLWAY CLOSE is a large semi-detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £195,752. It was last sold for £130,000 in January 2016, which was around 7% below the average January 2016 semi-detached price in the South Ribble local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

2 SOLWAY CLOSE Sold Prices

Land registry data shows one sale for 2 SOLWAY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the South Ribble 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
2016 4 JAN	£130,000	£140,128	7% below HPI

What might 2 SOLWAY CLOSE be worth now?

2 SOLWAY CLOSE might now be worth an estimated £195,752.

This is based on house price inflation of 50.6%, between January 2016 and May 2026, for semi-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 50.6% inflationary increase is applied to the most recent sale price for 2 SOLWAY CLOSE of £130,000 on 4th January 2016. For the value to have increased from £130,000 to £195,752 over the nine years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 SOLWAY CLOSE has moved in line with the HPI for semi-detached houses in the South Ribble local authority area.
• The January 2016 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOLWAY CLOSE has not materially changed since January 2016.

How Large is 2 SOLWAY CLOSE?

2 SOLWAY CLOSE is 101m² according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of semi-detached houses in Penwortham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Penwortham, and where 2 SOLWAY CLOSE lies on this distribution: 73% of semi-detached houses are smaller than 2 SOLWAY CLOSE, and 25% of semi-detached houses are larger. Note that EPC data is not available for all properties in Penwortham.

2 SOLWAY CLOSE: Plot

2 SOLWAY CLOSE sits on a plot of roughly 0.061 of an acre, or 247m².

Where is 2 SOLWAY CLOSE?

2 SOLWAY CLOSE is located in PENWORTHAM, in the PR1 postcode district.