89, LOWERGATE, CLITHEROE, BB7 1AG - £116,000

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.

89 LOWERGATE is a large terraced house of 95m², built sometime before 1900, which could now be worth an estimated £147,920. It was last sold for £116,000 in October 2019, which was around 26% below the average October 2019 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

89 LOWERGATE Sold Prices

Land registry data shows two sales for 89 LOWERGATE 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 89 LOWERGATE sales were 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
2019 11 OCT	£116,000	£156,108	26% below HPI
2009 28 AUG	£105,000	£135,871	23% below HPI

89 LOWERGATE 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 89 LOWERGATE sales from August 2009 and October 2019 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 August 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 89 LOWERGATE be worth now?

89 LOWERGATE might now be worth an estimated £147,920.

This is based on house price inflation of 27.5%, between October 2019 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 27.5% inflationary increase is applied to the most recent sale price for 89 LOWERGATE of £116,000 on 11th October 2019. For the value to have increased from £116,000 to £147,920 over the seven years and six months to April 2026, the following assumptions must hold true:

• The value of 89 LOWERGATE has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The October 2019 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 89 LOWERGATE has not materially changed since October 2019.

How Large is 89 LOWERGATE?

89 LOWERGATE is 95m² according to the EPC inspection conducted in July 2019. This puts it in the largest 30% of terraced houses in Clitheroe, based on EPC data. The below chart shows the distribution of terraced houses by size in Clitheroe, and where 89 LOWERGATE lies on this distribution: 73% of terraced houses are smaller than 89 LOWERGATE, and 26% of terraced houses are larger. Note that EPC data is not available for all properties in Clitheroe.

Where is 89 LOWERGATE?

89 LOWERGATE is located in CLITHEROE, in the BB7 postcode district.