24, SPINNING MILL CLOSE, OSWALDTWISTLE, ACCRINGTON, BB5 4AB - £223,000

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

24 SPINNING MILL CLOSE is a small detached house of 88m², which could now be worth an estimated £250,174. It was last sold for £223,000 in August 2021, which was around 8% above the average August 2021 detached price in the Hyndburn local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

24 SPINNING MILL CLOSE Sold Prices

Land registry data shows two sales for 24 SPINNING MILL 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 24 SPINNING MILL 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
2021 5 AUG	£223,000	£206,406	8% above HPI
2014 19 DEC	£203,750	£152,333	34% above HPI

24 SPINNING MILL 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 24 SPINNING MILL CLOSE sales from December 2014 and August 2021 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 December 2014 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 24 SPINNING MILL CLOSE be worth now?

24 SPINNING MILL CLOSE might now be worth an estimated £250,174.

This is based on house price inflation of 12.2%, between August 2021 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 12.2% inflationary increase is applied to the most recent sale price for 24 SPINNING MILL CLOSE of £223,000 on 5th August 2021. For the value to have increased from £223,000 to £250,174 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 24 SPINNING MILL CLOSE has moved in line with the HPI for detached houses in the Hyndburn local authority area.
• The August 2021 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SPINNING MILL CLOSE has not materially changed since August 2021.

How Large is 24 SPINNING MILL CLOSE?

24 SPINNING MILL CLOSE is 88m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses houses in Oswaldtwistle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oswaldtwistle, and where 24 SPINNING MILL CLOSE lies on this distribution: 28% of detached houses houses are smaller than 24 SPINNING MILL CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Oswaldtwistle.

24 SPINNING MILL CLOSE: Plot and Title Map

24 SPINNING MILL CLOSE sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of 24 SPINNING MILL 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 24 SPINNING MILL 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 24 SPINNING MILL CLOSE?

24 SPINNING MILL CLOSE is located in OSWALDTWISTLE, in the BB5 postcode district. The below map shows the position of No. 24 on SPINNING MILL CLOSE.