5, HAWTHORNE PLACE, CLITHEROE, BB7 2HU - £235,000

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.

5 HAWTHORNE PLACE is a very large extended terraced house of 121m², built sometime before 1900, which could now be worth an estimated £317,144. It was last sold for £235,000 in February 2017, which was around 59% above the average February 2017 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

5 HAWTHORNE PLACE Sold Prices

Land registry data shows two sales for 5 HAWTHORNE PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 5 HAWTHORNE PLACE 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
2017 14 FEB	£235,000	£147,504	59% above HPI
2012 21 SEP	£175,000	£138,982	26% above HPI

5 HAWTHORNE PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two 5 HAWTHORNE PLACE sales from September 2012 and February 2017 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 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2017 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 5 HAWTHORNE PLACE be worth now?

5 HAWTHORNE PLACE might now be worth an estimated £317,144.

This is based on house price inflation of 35%, between February 2017 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 35% inflationary increase is applied to the most recent sale price for 5 HAWTHORNE PLACE of £235,000 on 14th February 2017. For the value to have increased from £235,000 to £317,144 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 5 HAWTHORNE PLACE has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The February 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HAWTHORNE PLACE has not materially changed since February 2017.

How Large is 5 HAWTHORNE PLACE?

5 HAWTHORNE PLACE is 121m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 10% of terraced houses in Clitheroe, based on EPC data. The below chart shows the distribution of terraced houses by size in Clitheroe, and where 5 HAWTHORNE PLACE lies on this distribution: 93% of terraced houses are smaller than 5 HAWTHORNE PLACE, and 7% of terraced houses are larger. Note that EPC data is not available for all properties in Clitheroe.

Where is 5 HAWTHORNE PLACE?

5 HAWTHORNE PLACE is located in CLITHEROE, in the BB7 postcode district.