24, PETRE CRESCENT, RISHTON, BLACKBURN, BB1 4RB - £192,000

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.

24 PETRE CRESCENT is a very small semi-detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £205,336. It was last sold for £192,000 in January 2023, which was around 33% above the average January 2023 semi-detached price in the Hyndburn local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

24 PETRE CRESCENT Sold Prices

Land registry data shows three sales for 24 PETRE CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Hyndburn local authority area for the corresponding sale date. All of the three 24 PETRE CRESCENT 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
2023 31 JAN	£192,000	£144,708	33% above HPI
2017 9 NOV	£150,000	£105,765	42% above HPI
2014 20 AUG	£110,000	£92,262	19% above HPI

24 PETRE CRESCENT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hyndburn local authority area over time, sourced from the HPI. The three 24 PETRE CRESCENT sales between August 2014 and January 2023 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 November 2017 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the January 2023 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 24 PETRE CRESCENT be worth now?

24 PETRE CRESCENT might now be worth an estimated £205,336.

This is based on house price inflation of 6.9%, between January 2023 and February 2025, for semi-detached houses, in the Hyndburn local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.9% inflationary increase is applied to the most recent sale price for 24 PETRE CRESCENT of £192,000 on 31st January 2023. For the value to have increased from £192,000 to £205,336 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of 24 PETRE CRESCENT has moved in line with the HPI for semi-detached houses in the Hyndburn local authority area.
• The January 2023 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PETRE CRESCENT has not materially changed since January 2023.

How Large is 24 PETRE CRESCENT?

24 PETRE CRESCENT is 74m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of semi-detached houses houses in Rishton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rishton, and where 24 PETRE CRESCENT lies on this distribution: 14% of semi-detached houses houses are smaller than 24 PETRE CRESCENT, and 84% of houses are larger. Note that EPC data is not available for all properties in Rishton.

Where is 24 PETRE CRESCENT?

24 PETRE CRESCENT is located in RISHTON, in the BB1 postcode district. The below map shows the position of No. 24 on PETRE CRESCENT.