8A, LANCASTER DRIVE, CLITHEROE, BB7 2PD - £435,000

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.

8A LANCASTER DRIVE is a very large detached house of 216m², built in 2016, which could now be worth an estimated £549,997. It was last sold for £435,000 in January 2019, which was around 25% above the average January 2019 detached price in the Ribble Valley local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was B.

8A LANCASTER DRIVE Sold Prices

Land registry data shows three sales for 8A LANCASTER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the three 8A LANCASTER DRIVE 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
2019 29 JAN	£435,000	£348,183	25% above HPI
2017 24 AUG	£390,000	£347,716	12% above HPI
2015 12 JUN	£315,000	£312,788	1% above HPI

8A LANCASTER DRIVE 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 three 8A LANCASTER DRIVE sales between June 2015 and January 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 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2019 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 8A LANCASTER DRIVE be worth now?

8A LANCASTER DRIVE might now be worth an estimated £549,997.

This is based on house price inflation of 26.4%, between January 2019 and April 2026, for 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 26.4% inflationary increase is applied to the most recent sale price for 8A LANCASTER DRIVE of £435,000 on 29th January 2019. For the value to have increased from £435,000 to £549,997 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 8A LANCASTER DRIVE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The January 2019 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 8A LANCASTER DRIVE has not materially changed since January 2019.

How Large is 8A LANCASTER DRIVE?

8A LANCASTER DRIVE is 216m² according to the EPC inspection conducted in August 2017. This puts it in the largest 10% of detached houses houses in Clitheroe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clitheroe, and where 8A LANCASTER DRIVE lies on this distribution: 98% of detached houses houses are smaller than 8A LANCASTER DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Clitheroe.

8A LANCASTER DRIVE: Plot and Title Map

8A LANCASTER DRIVE sits on a plot of roughly 0.242 of an acre, or 981m². The below map shows the location of 8A LANCASTER DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8A LANCASTER DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8A LANCASTER DRIVE?

8A LANCASTER DRIVE is located in CLITHEROE, in the BB7 postcode district. The below map shows the position of No. 8A on LANCASTER DRIVE.