8, HEXHAM CLOSE, ACCRINGTON, BB5 2TJ - £175,000

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

8 HEXHAM CLOSE is a very small detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £252,824. It was last sold for £175,000 in October 2009, which was around 11% above the average October 2009 detached price in the Hyndburn local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

8 HEXHAM CLOSE Sold Prices

Land registry data shows two sales for 8 HEXHAM 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 8 HEXHAM 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
2009 9 OCT	£175,000	£157,145	11% above HPI
2004 13 FEB	£118,000	£94,708	25% above HPI

8 HEXHAM 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 8 HEXHAM CLOSE sales from February 2004 and October 2009 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 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2009 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 HEXHAM CLOSE be worth now?

8 HEXHAM CLOSE might now be worth an estimated £252,824.

This is based on house price inflation of 44.5%, between October 2009 and December 2024, 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 44.5% inflationary increase is applied to the most recent sale price for 8 HEXHAM CLOSE of £175,000 on 9th October 2009. For the value to have increased from £175,000 to £252,824 over the fourteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 8 HEXHAM CLOSE has moved in line with the HPI for detached houses in the Hyndburn local authority area.
• The October 2009 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HEXHAM CLOSE has not materially changed since October 2009.

How Large is 8 HEXHAM CLOSE?

8 HEXHAM CLOSE is 66m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% 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 8 HEXHAM CLOSE lies on this distribution: 5% of detached houses houses are smaller than 8 HEXHAM CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Accrington.

8 HEXHAM CLOSE: Plot and Title Map

8 HEXHAM CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 8 HEXHAM 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 8 HEXHAM 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 8 HEXHAM CLOSE?

8 HEXHAM CLOSE is located in ACCRINGTON, in the BB5 postcode district. The below map shows the position of No. 8 on HEXHAM CLOSE.