2, ROWAN TREE CLOSE, ACCRINGTON, BB5 6UQ - £282,000

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

2 ROWAN TREE CLOSE is a very small extended detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £300,904. It was last sold for £282,000 in May 2024, which was around 33% above the average May 2024 detached price in the Hyndburn local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

2 ROWAN TREE CLOSE Sold Prices

Land registry data shows two sales for 2 ROWAN TREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hyndburn local authority area for the corresponding sale date. One of the two 2 ROWAN TREE CLOSE sales was for above the average price, whilst the other was 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 20 MAY	£282,000	£212,766	33% above HPI
2017 19 MAY	£154,000	£158,382	3% below HPI

2 ROWAN TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hyndburn local authority area over time, sourced from the HPI. The two 2 ROWAN TREE CLOSE sales from May 2017 and May 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 May 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2024 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 2 ROWAN TREE CLOSE be worth now?

2 ROWAN TREE CLOSE might now be worth an estimated £300,904.

This is based on house price inflation of 6.7%, between May 2024 and December 2024, for detached houses, in the Hyndburn local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% inflationary increase is applied to the most recent sale price for 2 ROWAN TREE CLOSE of £282,000 on 20th May 2024. For the value to have increased from £282,000 to £300,904 over the five months to December 2024, the following assumptions must hold true:

• The value of 2 ROWAN TREE CLOSE has moved in line with the HPI for detached houses in the Hyndburn local authority area.
• The May 2024 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROWAN TREE CLOSE has not materially changed since May 2024.

How Large is 2 ROWAN TREE CLOSE?

2 ROWAN TREE CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses houses in Accrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Accrington, and where 2 ROWAN TREE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 2 ROWAN TREE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Accrington.

2 ROWAN TREE CLOSE: Plot and Title Map

2 ROWAN TREE CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 2 ROWAN TREE 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 ROWAN TREE 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 ROWAN TREE CLOSE?

2 ROWAN TREE CLOSE is located in ACCRINGTON, in the BB5 postcode district. The below map shows the position of No. 2 on ROWAN TREE CLOSE.