2, THE MEADOWS, BILLINGTON, CLITHEROE, BB7 9LE - £132,500

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.

2 THE MEADOWS is a very small terraced house of 92m², built sometime between 1991 and 1995, which could now be worth an estimated £187,371. It was last sold for £132,500 in April 2014, which was around 6% below the average April 2014 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

2 THE MEADOWS Sold Prices

Land registry data shows four sales for 2 THE MEADOWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Ribble Valley local authority area for the corresponding sale date. Most of the four 2 THE MEADOWS 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
2014 17 APR	£132,500	£140,769	6% below HPI
2002 20 SEP	£70,000	£74,381	6% below HPI
1999 17 DEC	£42,000	£52,537	20% below HPI
1996 27 SEP	£49,950	£43,595	15% above HPI

2 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 four 2 THE MEADOWS sales between September 1996 and April 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 September 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2014 sale, which was also at 6% below the HPI.

What might 2 THE MEADOWS be worth now?

2 THE MEADOWS might now be worth an estimated £187,371.

This is based on house price inflation of 41.4%, between April 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 2 THE MEADOWS of £132,500 on 17th April 2014. For the value to have increased from £132,500 to £187,371 over the twelve years to April 2026, the following assumptions must hold true:

• The value of 2 THE MEADOWS has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The April 2014 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MEADOWS has not materially changed since April 2014.

How Large is 2 THE MEADOWS?

2 THE MEADOWS is 92m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% 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 2 THE MEADOWS lies on this distribution: 13% of terraced houses houses are smaller than 2 THE MEADOWS, and 87% of houses are larger. Note that EPC data is not available for all properties in Billington.

2 THE MEADOWS: Plot and Title Map

2 THE MEADOWS sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 2 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 2 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 2 THE MEADOWS?

2 THE MEADOWS is located in BILLINGTON, in the BB7 postcode district. The below map shows the position of No. 2 on THE MEADOWS.