7, RIVER CLOSE, WHALLEY, CLITHEROE, BB7 9YJ - £540,000

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

7 RIVER CLOSE is a large detached house of 165m², which could now be worth an estimated £531,826. It was last sold for £540,000 in October 2024, which was around 24% above the average October 2024 detached price in the Ribble Valley local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

7 RIVER CLOSE Sold Prices

Land registry data shows two sales for 7 RIVER 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 RIVER 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
2024 25 OCT	£540,000	£434,711	24% above HPI
2019 20 JUN	£465,495	£349,717	33% above HPI

7 RIVER 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 RIVER CLOSE sales from June 2019 and October 2024 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 2019 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2024 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 7 RIVER CLOSE be worth now?

7 RIVER CLOSE might now be worth an estimated £531,826.

This is based on house price deflation of 1.5%, between October 2024 and December 2024, 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 1.5% deflationary decrease is applied to the most recent sale price for 7 RIVER CLOSE of £540,000 on 25th October 2024. For the value to have decreased from £540,000 to £531,826 over the ten months to December 2024, the following assumptions must hold true:

• The value of 7 RIVER CLOSE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The October 2024 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RIVER CLOSE has not materially changed since October 2024.

How Large is 7 RIVER CLOSE?

7 RIVER CLOSE is 165m² according to the EPC inspection conducted in April 2019. This puts it in the largest 30% of detached houses houses in Whalley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whalley, and where 7 RIVER CLOSE lies on this distribution: 66% of detached houses houses are smaller than 7 RIVER CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Whalley.

7 RIVER CLOSE: Plot and Title Map

7 RIVER CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 7 RIVER 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 RIVER 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 RIVER CLOSE?

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