7, CHAPEL CLOSE, CLITHEROE, BB7 2QT - £4,425

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

7 CHAPEL CLOSE is a very small detached house of 75m², which could now be worth an estimated £5,848. It was last sold for £4,425 in March 2016, which was around 99% below the average March 2016 detached price in the Ribble Valley local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was B.

7 CHAPEL CLOSE Sold Prices

Land registry data shows two sales for 7 CHAPEL 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 7 CHAPEL 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
2016 7 MAR	£4,425	£321,099	99% below HPI
2014 20 FEB	£234,995	£311,338	25% below HPI

7 CHAPEL 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 7 CHAPEL CLOSE sales from February 2014 and March 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 February 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2016 sale, where it falls to 99% below the HPI. The line then continues to track at 99% below the HPI.

What might 7 CHAPEL CLOSE be worth now?

7 CHAPEL CLOSE might now be worth an estimated £5,848.

This is based on house price inflation of 32.2%, between March 2016 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 32.2% inflationary increase is applied to the most recent sale price for 7 CHAPEL CLOSE of £4,425 on 7th March 2016. For the value to have increased from £4,425 to £5,848 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 7 CHAPEL CLOSE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The March 2016 sale price of £4,425 represented a fair market value for the property.
• The size, condition, and specification of 7 CHAPEL CLOSE has not materially changed since March 2016.

How Large is 7 CHAPEL CLOSE?

7 CHAPEL CLOSE is 75m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% 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 7 CHAPEL CLOSE lies on this distribution: 3% of detached houses houses are smaller than 7 CHAPEL CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Clitheroe.

7 CHAPEL CLOSE: Plot and Title Map

7 CHAPEL CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 7 CHAPEL 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 7 CHAPEL 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 7 CHAPEL CLOSE?

7 CHAPEL CLOSE is located in CLITHEROE, in the BB7 postcode district. The below map shows the position of No. 7 on CHAPEL CLOSE.