8, PARK VIEW CLOSE, BRIERFIELD, NELSON, BB9 5SX - £180,000

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.

8 PARK VIEW CLOSE is a midsized detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £220,829. It was last sold for £180,000 in December 2020, which was around 19% below the average December 2020 detached price in the Pendle local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

8 PARK VIEW CLOSE Sold Prices

Land registry data shows two sales for 8 PARK VIEW 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 Pendle local authority area for the corresponding sale date. One of the two 8 PARK VIEW CLOSE sales was for below the average price, whilst the other was 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
2020 4 DEC	£180,000	£223,116	19% below HPI
1995 10 NOV	£79,995	£61,712	30% above HPI

8 PARK VIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The two 8 PARK VIEW CLOSE sales from November 1995 and December 2020 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 November 1995 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 8 PARK VIEW CLOSE be worth now?

8 PARK VIEW CLOSE might now be worth an estimated £220,829.

This is based on house price inflation of 22.7%, between December 2020 and February 2025, for detached houses, in the Pendle local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.7% inflationary increase is applied to the most recent sale price for 8 PARK VIEW CLOSE of £180,000 on 4th December 2020. For the value to have increased from £180,000 to £220,829 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 PARK VIEW CLOSE has moved in line with the HPI for detached houses in the Pendle local authority area.
• The December 2020 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PARK VIEW CLOSE has not materially changed since December 2020.

How Large is 8 PARK VIEW CLOSE?

8 PARK VIEW CLOSE is 120m² according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of detached houses houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brierfield, and where 8 PARK VIEW CLOSE lies on this distribution: 53% of detached houses houses are smaller than 8 PARK VIEW CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

8 PARK VIEW CLOSE: Plot and Title Map

8 PARK VIEW CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 8 PARK VIEW 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 PARK VIEW 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 PARK VIEW CLOSE?

8 PARK VIEW CLOSE is located in BRIERFIELD, in the BB9 postcode district. The below map shows the position of No. 8 on PARK VIEW CLOSE.