3, THE MEADOWS, BILLINGTON, CLITHEROE, BB7 9LE - £159,950

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.

3 THE MEADOWS is a very small semi-detached house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £191,480. It was last sold for £159,950 in July 2021, which was around 30% below the average July 2021 semi-detached price in the Ribble Valley local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was A.

3 THE MEADOWS Sold Prices

Land registry data shows five sales for 3 THE MEADOWS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Ribble Valley local authority area for the corresponding sale date. All of the five 3 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
2021 6 JUL	£159,950	£229,706	30% below HPI
2014 24 OCT	£132,500	£200,415	34% below HPI
2006 27 OCT	£140,000	£200,800	30% below HPI
2002 25 JUL	£74,950	£100,111	25% below HPI
2000 1 AUG	£55,000	£75,762	27% below HPI

3 THE MEADOWS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The five 3 THE MEADOWS sales between August 2000 and July 2021 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 October 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 THE MEADOWS be worth now?

3 THE MEADOWS might now be worth an estimated £191,480.

This is based on house price inflation of 19.7%, between July 2021 and April 2026, for semi-detached 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 19.7% inflationary increase is applied to the most recent sale price for 3 THE MEADOWS of £159,950 on 6th July 2021. For the value to have increased from £159,950 to £191,480 over the five years and three months to April 2026, the following assumptions must hold true:

• The value of 3 THE MEADOWS has moved in line with the HPI for semi-detached houses in the Ribble Valley local authority area.
• The July 2021 sale price of £159,950 represented a fair market value for the property.
• The size, condition, and specification of 3 THE MEADOWS has not materially changed since July 2021.

How Large is 3 THE MEADOWS?

3 THE MEADOWS is 60m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of semi-detached houses houses in Billington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billington, and where 3 THE MEADOWS lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 3 THE MEADOWS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Billington.

3 THE MEADOWS: Plot and Title Map

3 THE MEADOWS sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 3 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 3 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 3 THE MEADOWS?

3 THE MEADOWS is located in BILLINGTON, in the BB7 postcode district. The below map shows the position of No. 3 on THE MEADOWS.