8, RICHARDSON CLOSE, FRECKLETON, PRESTON, PR4 1PF - £75,000

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.

8 RICHARDSON CLOSE is a very small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £293,272. It was last sold for £75,000 in November 1996, which was around 23% below the average November 1996 detached price in the Fylde local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

8 RICHARDSON CLOSE Sold Prices

Land registry data shows one sale for 8 RICHARDSON 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 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
1996 7 NOV	£75,000	£97,123	23% below HPI

What might 8 RICHARDSON CLOSE be worth now?

8 RICHARDSON CLOSE might now be worth an estimated £293,272.

This is based on house price inflation of 291%, between November 1996 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 291% inflationary increase is applied to the most recent sale price for 8 RICHARDSON CLOSE of £75,000 on 7th November 1996. For the value to have increased from £75,000 to £293,272 over the 30 years and six months to May 2026, the following assumptions must hold true:

• The value of 8 RICHARDSON CLOSE has moved in line with the HPI for detached houses in the Fylde local authority area.
• The November 1996 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RICHARDSON CLOSE has not materially changed since November 1996.

How Large is 8 RICHARDSON CLOSE?

8 RICHARDSON CLOSE is 81m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Freckleton, based on EPC data. The below chart shows the distribution of detached houses by size in Freckleton, and where 8 RICHARDSON CLOSE lies on this distribution: 14% of detached houses are smaller than 8 RICHARDSON CLOSE, and 85% of detached houses are larger. Note that EPC data is not available for all properties in Freckleton.

8 RICHARDSON CLOSE: Plot

8 RICHARDSON CLOSE sits on a plot of roughly 0.081 of an acre, or 329m².

Where is 8 RICHARDSON CLOSE?

8 RICHARDSON CLOSE is located in FRECKLETON, in the PR4 postcode district.