3, MAYFAIR CLOSE, CLITHEROE, BB7 2RP - £316,750

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MAYFAIR CLOSE is a small detached house of 111m², which could now be worth an estimated £391,695. It was last sold for £316,750 in May 2019, which was around 8% below the average May 2019 detached price in the Ribble Valley local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was B.

3 MAYFAIR CLOSE Sold Prices

Land registry data shows two sales for 3 MAYFAIR 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. One of the two 3 MAYFAIR CLOSE sales was for below the average price, whilst the other was 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
2019 31 MAY	£316,750	£343,169	8% below HPI
2017 2 MAY	£1,450,000	£340,089	326% above HPI

3 MAYFAIR 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 MAYFAIR CLOSE sales from May 2017 and May 2019 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 326% above the HPI. So the extrapolation line tracks at 326% above the HPI over time, until the May 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 3 MAYFAIR CLOSE be worth now?

3 MAYFAIR CLOSE might now be worth an estimated £391,695.

This is based on house price inflation of 23.7%, between May 2019 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 23.7% inflationary increase is applied to the most recent sale price for 3 MAYFAIR CLOSE of £316,750 on 31st May 2019. For the value to have increased from £316,750 to £391,695 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 3 MAYFAIR CLOSE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The May 2019 sale price of £316,750 represented a fair market value for the property.
• The size, condition, and specification of 3 MAYFAIR CLOSE has not materially changed since May 2019.

How Large is 3 MAYFAIR CLOSE?

3 MAYFAIR CLOSE is 111m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses houses in Clitheroe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clitheroe, and where 3 MAYFAIR CLOSE lies on this distribution: 39% of detached houses houses are smaller than 3 MAYFAIR CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Clitheroe.

3 MAYFAIR CLOSE: Plot and Title Map

3 MAYFAIR CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 3 MAYFAIR 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 MAYFAIR 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 MAYFAIR CLOSE?

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