89, PETRE CRESCENT, RISHTON, BLACKBURN, BB1 4RG - £127,000

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 PETRE CRESCENT is a very small semi-detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £131,906. It was last sold for £127,000 in November 2022, which was around 15% below the average November 2022 semi-detached price in the Hyndburn local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

89 PETRE CRESCENT Sold Prices

Land registry data shows three sales for 89 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. One of the three 89 PETRE CRESCENT sales was for below the average price, whilst two 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
2022 30 NOV	£127,000	£149,003	15% below HPI
2006 9 AUG	£124,950	£101,347	23% above HPI
2001 23 NOV	£56,500	£41,975	35% above HPI

89 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 89 PETRE CRESCENT sales between November 2001 and November 2022 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 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 89 PETRE CRESCENT be worth now?

89 PETRE CRESCENT might now be worth an estimated £131,906.

This is based on house price inflation of 3.9%, between November 2022 and February 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 3.9% inflationary increase is applied to the most recent sale price for 89 PETRE CRESCENT of £127,000 on 30th November 2022. For the value to have increased from £127,000 to £131,906 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 89 PETRE CRESCENT has moved in line with the HPI for semi-detached houses in the Hyndburn local authority area.
• The November 2022 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 89 PETRE CRESCENT has not materially changed since November 2022.

How Large is 89 PETRE CRESCENT?

89 PETRE CRESCENT is 71m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% 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 89 PETRE CRESCENT lies on this distribution: 4% of semi-detached houses houses are smaller than 89 PETRE CRESCENT, and 94% of houses are larger. Note that EPC data is not available for all properties in Rishton.

Where is 89 PETRE CRESCENT?

89 PETRE CRESCENT is located in RISHTON, in the BB1 postcode district. The below map shows the position of No. 89 on PETRE CRESCENT.