15, RIVER LEA GARDENS, CLITHEROE, BB7 1QQ - £118,000

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.

15 RIVER LEA GARDENS is a very small terraced house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £166,803. It was last sold for £118,000 in February 2014, which was around 16% below the average February 2014 terraced price in the Ribble Valley 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.

15 RIVER LEA GARDENS Sold Prices

Land registry data shows three sales for 15 RIVER LEA GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Ribble Valley local authority area for the corresponding sale date. Two of the three 15 RIVER LEA GARDENS sales were for below the average price, whilst one was 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
2014 19 FEB	£118,000	£140,822	16% below HPI
2005 27 MAY	£119,850	£130,316	8% below HPI
1999 30 JUN	£52,450	£48,909	7% above HPI

15 RIVER LEA GARDENS 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 three 15 RIVER LEA GARDENS sales between June 1999 and February 2014 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 May 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 15 RIVER LEA GARDENS be worth now?

15 RIVER LEA GARDENS might now be worth an estimated £166,803.

This is based on house price inflation of 41.4%, between February 2014 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 41.4% inflationary increase is applied to the most recent sale price for 15 RIVER LEA GARDENS of £118,000 on 19th February 2014. For the value to have increased from £118,000 to £166,803 over the eleven years and ten months to April 2026, the following assumptions must hold true:

• The value of 15 RIVER LEA GARDENS has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The February 2014 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 15 RIVER LEA GARDENS has not materially changed since February 2014.

How Large is 15 RIVER LEA GARDENS?

15 RIVER LEA GARDENS is 53m² according to the EPC inspection conducted in October 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 15 RIVER LEA GARDENS lies on this distribution: Less than 1% of terraced houses houses are smaller than 15 RIVER LEA GARDENS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Clitheroe.

15 RIVER LEA GARDENS: Plot and Title Map

15 RIVER LEA GARDENS sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 15 RIVER LEA GARDENS, 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 15 RIVER LEA GARDENS). 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 15 RIVER LEA GARDENS?

15 RIVER LEA GARDENS is located in CLITHEROE, in the BB7 postcode district. The below map shows the position of No. 15 on RIVER LEA GARDENS.