18, PARK VIEW CLOSE, BRIERFIELD, NELSON, BB9 5SX - £180,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 PARK VIEW CLOSE is a very small extended detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £179,123. It was last sold for £180,000 in December 2024, which was around 35% below the average December 2024 detached price in the Pendle local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

18 PARK VIEW CLOSE Sold Prices

Land registry data shows four sales for 18 PARK VIEW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the four 18 PARK VIEW 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
2024 10 DEC	£180,000	£275,065	35% below HPI
2011 31 AUG	£165,000	£171,017	4% below HPI
2001 1 NOV	£38,000	£76,295	50% below HPI
1997 31 OCT	£53,000	£67,271	21% below HPI

18 PARK VIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The four 18 PARK VIEW CLOSE sales between October 1997 and December 2024 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 August 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 18 PARK VIEW CLOSE be worth now?

18 PARK VIEW CLOSE might now be worth an estimated £179,123.

This is based on house price deflation of 0.5%, between December 2024 and February 2025, for detached houses, in the Pendle local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% deflationary decrease is applied to the most recent sale price for 18 PARK VIEW CLOSE of £180,000 on 10th December 2024. For the value to have decreased from £180,000 to £179,123 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 18 PARK VIEW CLOSE has moved in line with the HPI for detached houses in the Pendle local authority area.
• The December 2024 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PARK VIEW CLOSE has not materially changed since December 2024.

How Large is 18 PARK VIEW CLOSE?

18 PARK VIEW CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of detached houses houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brierfield, and where 18 PARK VIEW CLOSE lies on this distribution: 17% of detached houses houses are smaller than 18 PARK VIEW CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

18 PARK VIEW CLOSE: Plot and Title Map

18 PARK VIEW CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 18 PARK VIEW 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 18 PARK VIEW 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 18 PARK VIEW CLOSE?

18 PARK VIEW CLOSE is located in BRIERFIELD, in the BB9 postcode district. The below map shows the position of No. 18 on PARK VIEW CLOSE.