5, STRAITS LANE, READ, BURNLEY, BB12 7PE - £140,500

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 STRAITS LANE is a large extended terraced house of 93m², built sometime before 1900, which could now be worth an estimated £143,783. It was last sold for £140,500 in April 2025, which was around 28% below the average April 2025 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was January 2025, where the current energy rating was E, and the potential energy rating was B.

5 STRAITS LANE Sold Prices

Land registry data shows one sale for 5 STRAITS LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Ribble Valley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2025 25 APR	£140,500	£195,686	28% below HPI

What might 5 STRAITS LANE be worth now?

5 STRAITS LANE might now be worth an estimated £143,783.

This is based on house price inflation of 2.3%, between April 2025 and May 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 2.3% inflationary increase is applied to the most recent sale price for 5 STRAITS LANE of £140,500 on 25th April 2025. For the value to have increased from £140,500 to £143,783 over the eleven months to May 2026, the following assumptions must hold true:

• The value of 5 STRAITS LANE has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The April 2025 sale price of £140,500 represented a fair market value for the property.
• The size, condition, and specification of 5 STRAITS LANE has not materially changed since April 2025.

How Large is 5 STRAITS LANE?

5 STRAITS LANE is 93m², which includes one extension, according to the EPC inspection conducted in January 2025. This puts it in the largest 40% of terraced houses in Read, based on EPC data. The below chart shows the distribution of terraced houses by size in Read, and where 5 STRAITS LANE lies on this distribution: 63% of terraced houses are smaller than 5 STRAITS LANE, and 35% of terraced houses are larger. Note that EPC data is not available for all properties in Read.

5 STRAITS LANE: Plot

5 STRAITS LANE sits on a plot of roughly 0.028 of an acre, or 113m².

Where is 5 STRAITS LANE?

5 STRAITS LANE is located in READ, in the BB12 postcode district.