3, ELM CLOSE, WHALLEY, CLITHEROE, BB7 9UT - £380,000

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

3 ELM CLOSE is a very small detached house of 112m², which could now be worth an estimated £427,584. It was last sold for £380,000 in September 2021, which was around 1% above the average September 2021 detached price in the Ribble Valley local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

3 ELM CLOSE Sold Prices

Land registry data shows two sales for 3 ELM 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 3 ELM 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 9 SEP	£380,000	£377,139	1% above HPI
2013 28 JUN	£349,995	£307,978	14% above HPI

3 ELM 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 3 ELM CLOSE sales from June 2013 and September 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 June 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 ELM CLOSE be worth now?

3 ELM CLOSE might now be worth an estimated £427,584.

This is based on house price inflation of 12.5%, between September 2021 and February 2025, 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 12.5% inflationary increase is applied to the most recent sale price for 3 ELM CLOSE of £380,000 on 9th September 2021. For the value to have increased from £380,000 to £427,584 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 ELM CLOSE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The September 2021 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELM CLOSE has not materially changed since September 2021.

How Large is 3 ELM CLOSE?

3 ELM CLOSE is 112m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses houses in Nethertown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nethertown, and where 3 ELM CLOSE lies on this distribution: 11% of detached houses houses are smaller than 3 ELM CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Nethertown.

3 ELM CLOSE: Plot and Title Map

3 ELM CLOSE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 3 ELM 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 3 ELM 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 3 ELM CLOSE?

3 ELM CLOSE is located in WHALLEY, in the BB7 postcode district. The below map shows the position of No. 3 on ELM CLOSE.