8, MEADOW CLOSE, WHALLEY, CLITHEROE, BB7 9YA - £340,000

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 MEADOW CLOSE is a very small detached house of 86m², which could now be worth an estimated £346,432. It was last sold for £340,000 in May 2024, which was around 19% below the average May 2024 detached price in the Ribble Valley local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was A.

8 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 8 MEADOW 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 8 MEADOW 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
2024 21 MAY	£340,000	£420,182	19% below HPI
2017 26 JAN	£259,995	£335,228	22% below HPI

8 MEADOW 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 8 MEADOW CLOSE sales from January 2017 and May 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 January 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 8 MEADOW CLOSE be worth now?

8 MEADOW CLOSE might now be worth an estimated £346,432.

This is based on house price inflation of 1.9%, between May 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 1.9% inflationary increase is applied to the most recent sale price for 8 MEADOW CLOSE of £340,000 on 21st May 2024. For the value to have increased from £340,000 to £346,432 over the five months to December 2024, the following assumptions must hold true:

• The value of 8 MEADOW CLOSE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The May 2024 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MEADOW CLOSE has not materially changed since May 2024.

How Large is 8 MEADOW CLOSE?

8 MEADOW CLOSE is 86m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% 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 8 MEADOW CLOSE lies on this distribution: 11% of detached houses houses are smaller than 8 MEADOW CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Whalley.

8 MEADOW CLOSE: Plot and Title Map

8 MEADOW CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 8 MEADOW 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 MEADOW 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 MEADOW CLOSE?

8 MEADOW CLOSE is located in WHALLEY, in the BB7 postcode district. The below map shows the position of No. 8 on MEADOW CLOSE.