13, VICTORIA LODGE, READ, BURNLEY, BB12 7SZ - £181,500

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.

13 VICTORIA LODGE is a very small detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £248,478. It was last sold for £181,500 in July 2015, which was around 43% below the average July 2015 detached price in the Ribble Valley local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

13 VICTORIA LODGE Sold Prices

Land registry data shows three sales for 13 VICTORIA LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the three 13 VICTORIA LODGE 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
2015 10 JUL	£181,500	£318,133	43% below HPI
1998 15 APR	£72,500	£111,760	35% below HPI
1995 21 AUG	£63,000	£105,751	40% below HPI

13 VICTORIA LODGE 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 three 13 VICTORIA LODGE sales between August 1995 and July 2015 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 April 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 13 VICTORIA LODGE be worth now?

13 VICTORIA LODGE might now be worth an estimated £248,478.

This is based on house price inflation of 36.9%, between July 2015 and March 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 36.9% inflationary increase is applied to the most recent sale price for 13 VICTORIA LODGE of £181,500 on 10th July 2015. For the value to have increased from £181,500 to £248,478 over the ten years and four months to March 2025, the following assumptions must hold true:

• The value of 13 VICTORIA LODGE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The July 2015 sale price of £181,500 represented a fair market value for the property.
• The size, condition, and specification of 13 VICTORIA LODGE has not materially changed since July 2015.

How Large is 13 VICTORIA LODGE?

13 VICTORIA LODGE is 72m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses houses in Read, based on EPC data. The below chart shows the distribution of detached houses houses by size in Read, and where 13 VICTORIA LODGE lies on this distribution: 3% of detached houses houses are smaller than 13 VICTORIA LODGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Read.

13 VICTORIA LODGE: Plot and Title Map

13 VICTORIA LODGE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 13 VICTORIA LODGE, 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 13 VICTORIA LODGE). 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 13 VICTORIA LODGE?

13 VICTORIA LODGE is located in READ, in the BB12 postcode district. The below map shows the position of No. 13 on VICTORIA LODGE.