15, THE MEADOWS, BILLINGTON, CLITHEROE, BB7 9LE - £160,000

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 THE MEADOWS is a very small terraced house of 80m², built sometime between 1991 and 1995, which could now be worth an estimated £200,335. It was last sold for £160,000 in June 2018, which was around 1% above the average June 2018 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

15 THE MEADOWS Sold Prices

Land registry data shows three sales for 15 THE MEADOWS 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. All of the three 15 THE MEADOWS 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
2018 15 JUN	£160,000	£158,985	1% above HPI
2006 16 JUN	£170,000	£143,638	18% above HPI
1996 31 JAN	£52,500	£43,472	21% above HPI

15 THE MEADOWS 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 THE MEADOWS sales between January 1996 and June 2018 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 June 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2018 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 15 THE MEADOWS be worth now?

15 THE MEADOWS might now be worth an estimated £200,335.

This is based on house price inflation of 25.2%, between June 2018 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 25.2% inflationary increase is applied to the most recent sale price for 15 THE MEADOWS of £160,000 on 15th June 2018. For the value to have increased from £160,000 to £200,335 over the eight years and two months to April 2026, the following assumptions must hold true:

• The value of 15 THE MEADOWS has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The June 2018 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE MEADOWS has not materially changed since June 2018.

How Large is 15 THE MEADOWS?

15 THE MEADOWS is 80m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of terraced houses houses in Billington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Billington, and where 15 THE MEADOWS lies on this distribution: 5% of terraced houses houses are smaller than 15 THE MEADOWS, and 95% of houses are larger. Note that EPC data is not available for all properties in Billington.

15 THE MEADOWS: Plot and Title Map

15 THE MEADOWS sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of 15 THE MEADOWS, 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 THE MEADOWS). 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 THE MEADOWS?

15 THE MEADOWS is located in BILLINGTON, in the BB7 postcode district. The below map shows the position of No. 15 on THE MEADOWS.