8, PETRE CRESCENT, RISHTON, BLACKBURN, BB1 4RB - £195,000

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.

8 PETRE CRESCENT is a small semi-detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £199,491. It was last sold for £195,000 in October 2023, which was around 37% above the average October 2023 semi-detached price in the Hyndburn local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

8 PETRE CRESCENT Sold Prices

Land registry data shows three sales for 8 PETRE CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Hyndburn local authority area for the corresponding sale date. All of the three 8 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
2023 27 OCT	£195,000	£142,341	37% above HPI
2013 15 NOV	£130,000	£92,611	40% above HPI
1998 21 AUG	£51,000	£38,639	32% above HPI

8 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 three 8 PETRE CRESCENT sales between August 1998 and October 2023 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 November 2013 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2023 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 8 PETRE CRESCENT be worth now?

8 PETRE CRESCENT might now be worth an estimated £199,491.

This is based on house price inflation of 2.3%, between October 2023 and June 2025, 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 2.3% inflationary increase is applied to the most recent sale price for 8 PETRE CRESCENT of £195,000 on 27th October 2023. For the value to have increased from £195,000 to £199,491 over the two years and four months to June 2025, the following assumptions must hold true:

• The value of 8 PETRE CRESCENT has moved in line with the HPI for semi-detached houses in the Hyndburn local authority area.
• The October 2023 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PETRE CRESCENT has not materially changed since October 2023.

How Large is 8 PETRE CRESCENT?

8 PETRE CRESCENT is 88m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% 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 8 PETRE CRESCENT lies on this distribution: 35% of semi-detached houses houses are smaller than 8 PETRE CRESCENT, and 64% of houses are larger. Note that EPC data is not available for all properties in Rishton.

Where is 8 PETRE CRESCENT?

8 PETRE CRESCENT is located in RISHTON, in the BB1 postcode district. The below map shows the position of No. 8 on PETRE CRESCENT.