37, PETRE CRESCENT, RISHTON, BLACKBURN, BB1 4RB - £148,000

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.

37 PETRE CRESCENT is a midsized semi-detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £250,325. It was last sold for £148,000 in April 2011, which was around 53% above the average April 2011 semi-detached price in the Hyndburn local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

37 PETRE CRESCENT Sold Prices

Land registry data shows two sales for 37 PETRE CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Hyndburn local authority area for the corresponding sale date. Both of the two 37 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
2011 8 APR	£148,000	£96,846	53% above HPI
2004 14 MAY	£118,000	£68,468	72% above HPI

37 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 two 37 PETRE CRESCENT sales from May 2004 and April 2011 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 May 2004 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the April 2011 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 37 PETRE CRESCENT be worth now?

37 PETRE CRESCENT might now be worth an estimated £250,325.

This is based on house price inflation of 69.1%, between April 2011 and April 2026, 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 69.1% inflationary increase is applied to the most recent sale price for 37 PETRE CRESCENT of £148,000 on 8th April 2011. For the value to have increased from £148,000 to £250,325 over the fifteen years to April 2026, the following assumptions must hold true:

• The value of 37 PETRE CRESCENT has moved in line with the HPI for semi-detached houses in the Hyndburn local authority area.
• The April 2011 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 37 PETRE CRESCENT has not materially changed since April 2011.

How Large is 37 PETRE CRESCENT?

37 PETRE CRESCENT is 100m² according to the EPC inspection conducted in September 2010. This puts it in the largest 50% 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 37 PETRE CRESCENT lies on this distribution: 53% of semi-detached houses houses are smaller than 37 PETRE CRESCENT, and 47% of houses are larger. Note that EPC data is not available for all properties in Rishton.

Where is 37 PETRE CRESCENT?

37 PETRE CRESCENT is located in RISHTON, in the BB1 postcode district. The below map shows the position of No. 37 on PETRE CRESCENT.