12, PETRE CRESCENT, RISHTON, BLACKBURN, BB1 4RB - £48,995

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 PETRE CRESCENT is a very small extended semi-detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £203,763. It was last sold for £48,995 in March 2001, which was around 32% above the average March 2001 semi-detached price in the Hyndburn local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

12 PETRE CRESCENT Sold Prices

Land registry data shows three sales for 12 PETRE CRESCENT 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 Hyndburn local authority area for the corresponding sale date. The three 12 PETRE CRESCENT sales were a mix of above the average price, and roughly equal to 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
2001 7 MAR	£48,995	£37,212	32% above HPI
2001 2 MAR	£49,000	£37,212	32% above HPI
1996 17 MAY	£35,000	£34,827	Close to HPI

12 PETRE CRESCENT 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 three 12 PETRE CRESCENT sales between May 1996 and March 2001 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 March 2001 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the March 2001 sale, which was also at 32% above the HPI.

What might 12 PETRE CRESCENT be worth now?

12 PETRE CRESCENT might now be worth an estimated £203,763.

This is based on house price inflation of 315.9%, between March 2001 and February 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 315.9% inflationary increase is applied to the most recent sale price for 12 PETRE CRESCENT of £48,995 on 7th March 2001. For the value to have increased from £48,995 to £203,763 over the 24 years and one month to February 2025, the following assumptions must hold true:

• The value of 12 PETRE CRESCENT has moved in line with the HPI for semi-detached houses in the Hyndburn local authority area.
• The March 2001 sale price of £48,995 represented a fair market value for the property.
• The size, condition, and specification of 12 PETRE CRESCENT has not materially changed since March 2001.

How Large is 12 PETRE CRESCENT?

12 PETRE CRESCENT is 76m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% of semi-detached houses houses in Rishton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rishton, and where 12 PETRE CRESCENT lies on this distribution: 20% of semi-detached houses houses are smaller than 12 PETRE CRESCENT, and 80% of houses are larger. Note that EPC data is not available for all properties in Rishton.

Where is 12 PETRE CRESCENT?

12 PETRE CRESCENT is located in RISHTON, in the BB1 postcode district. The below map shows the position of No. 12 on PETRE CRESCENT.