18, RIBBLE PROSPECT, CLITHEROE, BB7 2FE - £113,250

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.

18 RIBBLE PROSPECT is a very small terraced house of 59m², which could now be worth an estimated £143,437. It was last sold for £113,250 in October 2018, which was around 26% below the average October 2018 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was A.

18 RIBBLE PROSPECT Sold Prices

Land registry data shows two sales for 18 RIBBLE PROSPECT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 18 RIBBLE PROSPECT 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
2018 5 OCT	£113,250	£153,689	26% below HPI
2016 24 JUN	£103,250	£152,863	32% below HPI

18 RIBBLE PROSPECT 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 two 18 RIBBLE PROSPECT sales from June 2016 and October 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 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 18 RIBBLE PROSPECT be worth now?

18 RIBBLE PROSPECT might now be worth an estimated £143,437.

This is based on house price inflation of 26.7%, between October 2018 and June 2025, 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 26.7% inflationary increase is applied to the most recent sale price for 18 RIBBLE PROSPECT of £113,250 on 5th October 2018. For the value to have increased from £113,250 to £143,437 over the seven years and four months to June 2025, the following assumptions must hold true:

• The value of 18 RIBBLE PROSPECT has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The October 2018 sale price of £113,250 represented a fair market value for the property.
• The size, condition, and specification of 18 RIBBLE PROSPECT has not materially changed since October 2018.

How Large is 18 RIBBLE PROSPECT?

18 RIBBLE PROSPECT is 59m² according to the EPC inspection conducted in June 2016. 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 18 RIBBLE PROSPECT lies on this distribution: Less than 1% of terraced houses houses are smaller than 18 RIBBLE PROSPECT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Clitheroe.

18 RIBBLE PROSPECT: Plot and Title Map

18 RIBBLE PROSPECT sits on a plot of roughly 1.3 acres, or 5,372m². The below map shows the location of 18 RIBBLE PROSPECT, 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 18 RIBBLE PROSPECT). 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 18 RIBBLE PROSPECT?

18 RIBBLE PROSPECT is located in CLITHEROE, in the BB7 postcode district. The below map shows the position of No. 18 on RIBBLE PROSPECT.