12, RINGWOOD CLOSE, ACCRINGTON, BB5 5EU - £145,000

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.

12 RINGWOOD CLOSE is a very small semi-detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £198,616. It was last sold for £145,000 in May 2020, which was around 27% above the average May 2020 semi-detached price in the Hyndburn local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

12 RINGWOOD CLOSE Sold Prices

Land registry data shows five sales for 12 RINGWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Hyndburn local authority area for the corresponding sale date. All of the five 12 RINGWOOD 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
2020 27 MAY	£145,000	£114,624	27% above HPI
2014 7 FEB	£123,000	£88,857	38% above HPI
2007 2 MAR	£124,999	£108,814	15% above HPI
2002 4 OCT	£64,000	£44,324	44% above HPI
1998 28 SEP	£52,650	£37,561	40% above HPI

12 RINGWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hyndburn local authority area over time, sourced from the HPI. The five 12 RINGWOOD CLOSE sales between September 1998 and May 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 February 2014 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2020 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 12 RINGWOOD CLOSE be worth now?

12 RINGWOOD CLOSE might now be worth an estimated £198,616.

This is based on house price inflation of 37%, between May 2020 and October 2025, for semi-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 37% inflationary increase is applied to the most recent sale price for 12 RINGWOOD CLOSE of £145,000 on 27th May 2020. For the value to have increased from £145,000 to £198,616 over the four years and seven months to October 2025, the following assumptions must hold true:

• The value of 12 RINGWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Hyndburn local authority area.
• The May 2020 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RINGWOOD CLOSE has not materially changed since May 2020.

How Large is 12 RINGWOOD CLOSE?

12 RINGWOOD CLOSE is 72m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of semi-detached houses houses in Church, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Church, and where 12 RINGWOOD CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 12 RINGWOOD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Church.

12 RINGWOOD CLOSE: Plot and Title Map

12 RINGWOOD CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 12 RINGWOOD 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 12 RINGWOOD 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 12 RINGWOOD CLOSE?

12 RINGWOOD CLOSE is located in ACCRINGTON, in the BB5 postcode district. The below map shows the position of No. 12 on RINGWOOD CLOSE.