2, WOODFOLD CLOSE, MELLOR BROOK, BLACKBURN, BB2 7NZ - £400,000

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 WOODFOLD CLOSE is a very small extended detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £395,306. It was last sold for £400,000 in November 2024, which was around 8% below the average November 2024 detached price in the Ribble Valley local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

2 WOODFOLD CLOSE Sold Prices

Land registry data shows two sales for 2 WOODFOLD 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 Ribble Valley local authority area for the corresponding sale date. Both of the two 2 WOODFOLD 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 22 NOV	£400,000	£433,215	8% below HPI
2014 3 OCT	£239,500	£325,415	26% below HPI

2 WOODFOLD 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 two 2 WOODFOLD CLOSE sales from October 2014 and November 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 October 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2024 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 WOODFOLD CLOSE be worth now?

2 WOODFOLD CLOSE might now be worth an estimated £395,306.

This is based on house price deflation of 1.2%, between November 2024 and December 2024, for detached houses, in the Ribble Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% deflationary decrease is applied to the most recent sale price for 2 WOODFOLD CLOSE of £400,000 on 22nd November 2024. For the value to have decreased from £400,000 to £395,306 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 2 WOODFOLD CLOSE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The November 2024 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODFOLD CLOSE has not materially changed since November 2024.

How Large is 2 WOODFOLD CLOSE?

2 WOODFOLD CLOSE is 92m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses houses in Mellor Brook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mellor Brook, and where 2 WOODFOLD CLOSE lies on this distribution: 5% of detached houses houses are smaller than 2 WOODFOLD CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Mellor Brook.

2 WOODFOLD CLOSE: Plot and Title Map

2 WOODFOLD CLOSE sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of 2 WOODFOLD 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 WOODFOLD 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 WOODFOLD CLOSE?

2 WOODFOLD CLOSE is located in MELLOR BROOK, in the BB2 postcode district. The below map shows the position of No. 2 on WOODFOLD CLOSE.