2, WAVELL CLOSE, ACCRINGTON, BB5 2SX - £207,500

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 WAVELL CLOSE is a midsized detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £321,067. It was last sold for £207,500 in October 2014, which was around 39% above the average October 2014 detached price in the Hyndburn local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.

2 WAVELL CLOSE Sold Prices

Land registry data shows two sales for 2 WAVELL 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. Both of the two 2 WAVELL 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
2014 24 OCT	£207,500	£149,652	39% above HPI
2004 20 FEB	£175,000	£94,708	85% above HPI

2 WAVELL 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 WAVELL CLOSE sales from February 2004 and October 2014 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 February 2004 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the October 2014 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2 WAVELL CLOSE be worth now?

2 WAVELL CLOSE might now be worth an estimated £321,067.

This is based on house price inflation of 54.7%, between October 2014 and February 2025, 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 54.7% inflationary increase is applied to the most recent sale price for 2 WAVELL CLOSE of £207,500 on 24th October 2014. For the value to have increased from £207,500 to £321,067 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 WAVELL CLOSE has moved in line with the HPI for detached houses in the Hyndburn local authority area.
• The October 2014 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 2 WAVELL CLOSE has not materially changed since October 2014.

How Large is 2 WAVELL CLOSE?

2 WAVELL CLOSE is 101m² according to the EPC inspection conducted in November 2010. This puts it in the largest 50% 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 WAVELL CLOSE lies on this distribution: 52% of detached houses houses are smaller than 2 WAVELL CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Accrington.

2 WAVELL CLOSE: Plot and Title Map

2 WAVELL CLOSE sits on a plot of roughly 0.889 of an acre, or 3,597m². The below map shows the location of 2 WAVELL 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 WAVELL 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 WAVELL CLOSE?

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