8, WOLFS FELL CLOSE, CHIPPING, PRESTON, PR3 2DR - £445,000

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 WOLFS FELL CLOSE is a midsized detached house of 129m², built in 2021, which could now be worth an estimated £461,465. It was last sold for £445,000 in November 2022, which was around 9% above the average November 2022 detached price in the Ribble Valley local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.

8 WOLFS FELL CLOSE Sold Prices

Land registry data shows two sales for 8 WOLFS FELL 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 WOLFS FELL 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
2022 10 NOV	£445,000	£409,224	9% above HPI
2021 16 JUN	£385,000	£369,359	4% above HPI

8 WOLFS FELL 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 WOLFS FELL CLOSE sales from June 2021 and November 2022 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 2021 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 8 WOLFS FELL CLOSE be worth now?

8 WOLFS FELL CLOSE might now be worth an estimated £461,465.

This is based on house price inflation of 3.7%, between November 2022 and February 2025, 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 3.7% inflationary increase is applied to the most recent sale price for 8 WOLFS FELL CLOSE of £445,000 on 10th November 2022. For the value to have increased from £445,000 to £461,465 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 WOLFS FELL CLOSE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The November 2022 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WOLFS FELL CLOSE has not materially changed since November 2022.

How Large is 8 WOLFS FELL CLOSE?

8 WOLFS FELL CLOSE is 129m² according to the EPC inspection conducted in May 2021. This puts it in the largest 50% of detached houses houses in Chipping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chipping, and where 8 WOLFS FELL CLOSE lies on this distribution: 44% of detached houses houses are smaller than 8 WOLFS FELL CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Chipping.

8 WOLFS FELL CLOSE: Plot and Title Map

8 WOLFS FELL CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 8 WOLFS FELL 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 WOLFS FELL 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 WOLFS FELL CLOSE?

8 WOLFS FELL CLOSE is located in CHIPPING, in the PR3 postcode district. The below map shows the position of No. 8 on WOLFS FELL CLOSE.