1, REGENCY CLOSE, WHALLEY, CLITHEROE, BB7 9SH - £378,000

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.

1 REGENCY CLOSE is a small extended detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £420,090. It was last sold for £378,000 in June 2022, which was around 4% below the average June 2022 detached price in the Ribble Valley local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

1 REGENCY CLOSE Sold Prices

Land registry data shows four sales for 1 REGENCY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the four 1 REGENCY 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
2022 6 JUN	£378,000	£394,746	4% below HPI
2016 10 JUN	£290,000	£338,083	14% below HPI
2016 26 FEB	£279,500	£324,947	14% below HPI
2002 1 MAR	£149,950	£155,815	4% below HPI

1 REGENCY 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 four 1 REGENCY CLOSE sales between March 2002 and June 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 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 REGENCY CLOSE be worth now?

1 REGENCY CLOSE might now be worth an estimated £420,090.

This is based on house price inflation of 11.1%, between June 2022 and June 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 11.1% inflationary increase is applied to the most recent sale price for 1 REGENCY CLOSE of £378,000 on 6th June 2022. For the value to have increased from £378,000 to £420,090 over the three years to June 2025, the following assumptions must hold true:

• The value of 1 REGENCY CLOSE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The June 2022 sale price of £378,000 represented a fair market value for the property.
• The size, condition, and specification of 1 REGENCY CLOSE has not materially changed since June 2022.

How Large is 1 REGENCY CLOSE?

1 REGENCY CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses houses in Nethertown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nethertown, and where 1 REGENCY CLOSE lies on this distribution: 29% of detached houses houses are smaller than 1 REGENCY CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Nethertown.

1 REGENCY CLOSE: Plot and Title Map

1 REGENCY CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1 REGENCY 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 1 REGENCY 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 1 REGENCY CLOSE?

1 REGENCY CLOSE is located in WHALLEY, in the BB7 postcode district. The below map shows the position of No. 1 on REGENCY CLOSE.