3, OAK CLOSE, WHALLEY, CLITHEROE, BB7 9XF - £460,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 OAK CLOSE is a very large detached house of 220m², built sometime between 1996 and 2002. It was last sold for £460,000 in February 2016, which was around 50% above the average February 2016 detached price in the Ribble Valley local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

3 OAK CLOSE Sold Prices

Land registry data shows two sales for 3 OAK 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 OAK 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
2016 2 FEB	£460,000	£307,492	50% above HPI
2004 6 AUG	£350,000	£243,162	44% above HPI

3 OAK 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 OAK CLOSE sales from August 2004 and February 2016 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 August 2004 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the February 2016 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 3 OAK CLOSE?

3 OAK CLOSE is 220m² according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses in Nethertown, based on EPC data. The below chart shows the distribution of detached houses by size in Nethertown, and where 3 OAK CLOSE lies on this distribution: 93% of detached houses are smaller than 3 OAK CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Nethertown.

3 OAK CLOSE: Plot and Title Map

3 OAK CLOSE sits on a plot of roughly 0.134 of an acre, or 540m². The below map shows the location of 3 OAK 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 OAK 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 OAK CLOSE?

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