14, LOWERGATE, CLITHEROE, BB7 1AD - £161,500

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.

14 LOWERGATE is a very small extended terraced house of 80m², built sometime before 1900, which could now be worth an estimated £178,668. It was last sold for £161,500 in July 2022, which was around 10% below the average July 2022 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

14 LOWERGATE Sold Prices

Land registry data shows six sales for 14 LOWERGATE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Ribble Valley local authority area for the corresponding sale date. All of the six 14 LOWERGATE 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 22 JUL	£161,500	£179,936	10% below HPI
2017 21 JUL	£125,000	£155,072	19% below HPI
2013 28 JUN	£115,000	£140,251	18% below HPI
2007 4 MAY	£119,950	£156,331	23% below HPI
2002 7 JUN	£45,000	£66,977	33% below HPI
1998 3 FEB	£37,000	£47,483	22% below HPI

14 LOWERGATE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Ribble Valley local authority area over time, sourced from the HPI. The six 14 LOWERGATE sales between February 1998 and July 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 July 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 14 LOWERGATE be worth now?

14 LOWERGATE might now be worth an estimated £178,668.

This is based on house price inflation of 10.6%, between July 2022 and April 2026, for terraced 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 10.6% inflationary increase is applied to the most recent sale price for 14 LOWERGATE of £161,500 on 22nd July 2022. For the value to have increased from £161,500 to £178,668 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 14 LOWERGATE has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The July 2022 sale price of £161,500 represented a fair market value for the property.
• The size, condition, and specification of 14 LOWERGATE has not materially changed since July 2022.

How Large is 14 LOWERGATE?

14 LOWERGATE is 80m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of terraced houses houses in Clitheroe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Clitheroe, and where 14 LOWERGATE lies on this distribution: 6% of terraced houses houses are smaller than 14 LOWERGATE, and 93% of houses are larger. Note that EPC data is not available for all properties in Clitheroe.

14 LOWERGATE: Plot and Title Map

14 LOWERGATE sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 14 LOWERGATE, 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 14 LOWERGATE). 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 14 LOWERGATE?

14 LOWERGATE is located in CLITHEROE, in the BB7 postcode district. The below map shows the position of No. 14 on LOWERGATE.