7, FAIRVIEW CLOSE, WALMER BRIDGE, PRESTON, PR4 5RF - £390,000

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.

7 FAIRVIEW CLOSE is a very large extended detached house of 199m², built sometime between 1991 and 1995, which could now be worth an estimated £496,821. It was last sold for £390,000 in August 2020, which was around 52% above the average August 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

7 FAIRVIEW CLOSE Sold Prices

Land registry data shows one sale for 7 FAIRVIEW CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2020 27 AUG	£390,000	£257,145	52% above HPI

What might 7 FAIRVIEW CLOSE be worth now?

7 FAIRVIEW CLOSE might now be worth an estimated £496,821.

This is based on house price inflation of 27.4%, between August 2020 and May 2026, for 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 27.4% inflationary increase is applied to the most recent sale price for 7 FAIRVIEW CLOSE of £390,000 on 27th August 2020. For the value to have increased from £390,000 to £496,821 over the six years and three months to May 2026, the following assumptions must hold true:

• The value of 7 FAIRVIEW CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The August 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FAIRVIEW CLOSE has not materially changed since August 2020.

How Large is 7 FAIRVIEW CLOSE?

7 FAIRVIEW CLOSE is 199m², which includes four extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses in Walmer Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Walmer Bridge, and where 7 FAIRVIEW CLOSE lies on this distribution: 91% of detached houses are smaller than 7 FAIRVIEW CLOSE, and 9% of detached houses are larger. Note that EPC data is not available for all properties in Walmer Bridge.

7 FAIRVIEW CLOSE: Plot

7 FAIRVIEW CLOSE sits on a plot of roughly 0.153 of an acre, or 621m².

Where is 7 FAIRVIEW CLOSE?

7 FAIRVIEW CLOSE is located in WALMER BRIDGE, in the PR4 postcode district.