7, MONTGOMERY CLOSE, BAXENDEN, ACCRINGTON, BB5 2ET - £89,000

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.

7 MONTGOMERY CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £277,573. It was last sold for £89,000 in November 2002, which was around 20% above the average November 2002 detached price in the Hyndburn local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

7 MONTGOMERY CLOSE Sold Prices

Land registry data shows two sales for 7 MONTGOMERY 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 7 MONTGOMERY 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
2002 25 NOV	£89,000	£74,246	20% above HPI
1995 12 MAY	£62,950	£55,260	14% above HPI

7 MONTGOMERY 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 7 MONTGOMERY CLOSE sales from May 1995 and November 2002 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 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2002 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 7 MONTGOMERY CLOSE be worth now?

7 MONTGOMERY CLOSE might now be worth an estimated £277,573.

This is based on house price inflation of 211.9%, between November 2002 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 211.9% inflationary increase is applied to the most recent sale price for 7 MONTGOMERY CLOSE of £89,000 on 25th November 2002. For the value to have increased from £89,000 to £277,573 over the 23 years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 MONTGOMERY CLOSE has moved in line with the HPI for detached houses in the Hyndburn local authority area.
• The November 2002 sale price of £89,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MONTGOMERY CLOSE has not materially changed since November 2002.

How Large is 7 MONTGOMERY CLOSE?

7 MONTGOMERY CLOSE is 72m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses houses in Accrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Accrington, and where 7 MONTGOMERY CLOSE lies on this distribution: 10% of detached houses houses are smaller than 7 MONTGOMERY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Accrington.

7 MONTGOMERY CLOSE: Plot and Title Map

7 MONTGOMERY CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 7 MONTGOMERY 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 MONTGOMERY 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 MONTGOMERY CLOSE?

7 MONTGOMERY CLOSE is located in BAXENDEN, in the BB5 postcode district. The below map shows the position of No. 7 on MONTGOMERY CLOSE.