9, RIBBLE LANE, CHATBURN, CLITHEROE, BB7 4AG - £185,000

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.

9 RIBBLE LANE is a very small extended terraced house of 79m², built sometime before 1900, which could now be worth an estimated £201,289. It was last sold for £185,000 in August 2022, which was around 1% above the average August 2022 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

9 RIBBLE LANE Sold Prices

Land registry data shows five sales for 9 RIBBLE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Ribble Valley local authority area for the corresponding sale date. All of the five 9 RIBBLE LANE 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
2022 24 AUG	£185,000	£182,955	1% above HPI
2018 28 SEP	£175,000	£154,353	13% above HPI
2005 4 FEB	£172,500	£120,751	43% above HPI
1999 22 OCT	£71,500	£52,989	35% above HPI
1997 22 AUG	£65,950	£46,904	41% above HPI

9 RIBBLE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Ribble Valley local authority area over time, sourced from the HPI. The five 9 RIBBLE LANE sales between August 1997 and August 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 September 2018 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 9 RIBBLE LANE be worth now?

9 RIBBLE LANE might now be worth an estimated £201,289.

This is based on house price inflation of 8.8%, between August 2022 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 8.8% inflationary increase is applied to the most recent sale price for 9 RIBBLE LANE of £185,000 on 24th August 2022. For the value to have increased from £185,000 to £201,289 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 9 RIBBLE LANE has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The August 2022 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RIBBLE LANE has not materially changed since August 2022.

How Large is 9 RIBBLE LANE?

9 RIBBLE LANE is 79m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of terraced houses houses in Chatburn, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chatburn, and where 9 RIBBLE LANE lies on this distribution: 6% of terraced houses houses are smaller than 9 RIBBLE LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Chatburn.

9 RIBBLE LANE: Plot and Title Map

9 RIBBLE LANE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 9 RIBBLE LANE, 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 9 RIBBLE LANE). 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 9 RIBBLE LANE?

9 RIBBLE LANE is located in CHATBURN, in the BB7 postcode district. The below map shows the position of No. 9 on RIBBLE LANE.