2, UNION STREET, CLITHEROE, BB7 2NH - £132,000

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.

2 UNION STREET is a very small terraced house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £167,416. It was last sold for £132,000 in November 2020, which was around 14% below the average November 2020 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

2 UNION STREET Sold Prices

Land registry data shows three sales for 2 UNION STREET 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 2 UNION STREET 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
2020 20 NOV	£132,000	£153,477	14% below HPI
2019 12 APR	£127,000	£151,631	16% below HPI
1997 10 MAR	£15,000	£43,539	66% below HPI

2 UNION STREET 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 2 UNION STREET sales between March 1997 and November 2020 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 April 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 UNION STREET be worth now?

2 UNION STREET might now be worth an estimated £167,416.

This is based on house price inflation of 26.8%, between November 2020 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 26.8% inflationary increase is applied to the most recent sale price for 2 UNION STREET of £132,000 on 20th November 2020. For the value to have increased from £132,000 to £167,416 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 2 UNION STREET has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The November 2020 sale price of £132,000 represented a fair market value for the property.
• The size, condition, and specification of 2 UNION STREET has not materially changed since November 2020.

How Large is 2 UNION STREET?

2 UNION STREET is 72m² according to the EPC inspection conducted in December 2018. 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 2 UNION STREET lies on this distribution: 3% of terraced houses houses are smaller than 2 UNION STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Clitheroe.

2 UNION STREET: Plot and Title Map

2 UNION STREET sits on a plot of roughly 0.014 of an acre, or 57m². The below map shows the location of 2 UNION STREET, 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 UNION STREET). 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 UNION STREET?

2 UNION STREET is located in CLITHEROE, in the BB7 postcode district. The below map shows the position of No. 2 on UNION STREET.