2, OAK CLOSE, WHALLEY, CLITHEROE, BB7 9XF - £440,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 OAK CLOSE is a very large detached house of 211m², built sometime between 2003 and 2006. It was last sold for £440,000 in June 2009, which was around 58% above the average June 2009 detached price in the Ribble Valley local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

2 OAK CLOSE Sold Prices

Land registry data shows three sales for 2 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the three 2 OAK CLOSE sales were for above 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
2009 19 JUN	£440,000	£277,650	58% above HPI
2007 20 SEP	£455,000	£317,365	43% above HPI
2004 24 SEP	£399,950	£243,742	64% above HPI

2 OAK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The three 2 OAK CLOSE sales between September 2004 and June 2009 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 September 2007 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the June 2009 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 2 OAK CLOSE?

2 OAK CLOSE is 211m² according to the EPC inspection conducted in March 2009. This puts it in the largest 20% of detached houses in Nethertown, based on EPC data. The below chart shows the distribution of detached houses by size in Nethertown, and where 2 OAK CLOSE lies on this distribution: 89% of detached houses are smaller than 2 OAK CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Nethertown.

2 OAK CLOSE: Plot and Title Map

2 OAK CLOSE sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 2 OAK 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 2 OAK 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 2 OAK CLOSE?

2 OAK CLOSE is located in WHALLEY, in the BB7 postcode district. The below map shows the position of No. 2 on OAK CLOSE.