12, NOWELL GROVE, READ, BURNLEY, BB12 7PG - £305,000

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 NOWELL GROVE is a very small extended semi-detached house of 95m², built sometime between 1950 and 1966, which could now be worth an estimated £362,505. It was last sold for £305,000 in February 2021, which was around 34% above the average February 2021 semi-detached price in the Ribble Valley local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

12 NOWELL GROVE Sold Prices

Land registry data shows three sales for 12 NOWELL GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Ribble Valley local authority area for the corresponding sale date. All of the three 12 NOWELL GROVE 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
2021 5 FEB	£305,000	£227,451	34% above HPI
2012 13 JUL	£230,000	£182,220	26% above HPI
2007 5 SEP	£240,000	£212,354	13% above HPI

12 NOWELL GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The three 12 NOWELL GROVE sales between September 2007 and February 2021 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 July 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 12 NOWELL GROVE be worth now?

12 NOWELL GROVE might now be worth an estimated £362,505.

This is based on house price inflation of 18.9%, between February 2021 and June 2025, for semi-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 18.9% inflationary increase is applied to the most recent sale price for 12 NOWELL GROVE of £305,000 on 5th February 2021. For the value to have increased from £305,000 to £362,505 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 12 NOWELL GROVE has moved in line with the HPI for semi-detached houses in the Ribble Valley local authority area.
• The February 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NOWELL GROVE has not materially changed since February 2021.

How Large is 12 NOWELL GROVE?

12 NOWELL GROVE is 95m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of semi-detached houses houses in Read, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Read, and where 12 NOWELL GROVE lies on this distribution: 16% of semi-detached houses houses are smaller than 12 NOWELL GROVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Read.

12 NOWELL GROVE: Plot and Title Map

12 NOWELL GROVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 12 NOWELL GROVE, 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 NOWELL GROVE). 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 NOWELL GROVE?

12 NOWELL GROVE is located in READ, in the BB12 postcode district. The below map shows the position of No. 12 on NOWELL GROVE.