6, GEORGE LANE, READ, BURNLEY, BB12 7RH - £118,500

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.

6 GEORGE LANE is a semi-detached house, which could now be worth an estimated £375,262. It was last sold for £118,500 in June 2001, which was around 36% above the average June 2001 semi-detached price in the Ribble Valley local authority area.

6 GEORGE LANE Sold Prices

Land registry data shows two sales for 6 GEORGE LANE 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 Ribble Valley local authority area for the corresponding sale date. One of the two 6 GEORGE LANE sales was for above the average price, whilst the other was 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
2001 22 JUN	£118,500	£87,372	36% above HPI
1996 22 NOV	£55,000	£62,847	12% below HPI

What might 6 GEORGE LANE be worth now?

6 GEORGE LANE might now be worth an estimated £375,262.

This is based on house price inflation of 216.7%, between June 2001 and May 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 216.7% inflationary increase is applied to the most recent sale price for 6 GEORGE LANE of £118,500 on 22nd June 2001. For the value to have increased from £118,500 to £375,262 over the 25 years and one month to May 2026, the following assumptions must hold true:

• The value of 6 GEORGE LANE has moved in line with the HPI for semi-detached houses in the Ribble Valley local authority area.
• The June 2001 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of 6 GEORGE LANE has not materially changed since June 2001.

Where is 6 GEORGE LANE?

6 GEORGE LANE is located in READ, in the BB12 postcode district.