1, CEDAR CLOSE, RISHTON, BLACKBURN, BB1 4HJ - £161,000

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.

1 CEDAR CLOSE is a midsized property classified by the Land Registry as "other" of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £231,370. It was last sold for £161,000 in January 2020, which was around 41% above the average January 2020 semi-detached price in the Hyndburn local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

1 CEDAR CLOSE Sold Prices

Land registry data shows four sales for 1 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Hyndburn local authority area for the corresponding sale date. All of the four 1 CEDAR CLOSE 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
2020 17 JAN	£161,000	£113,984	41% above HPI
2020 17 JAN	£161,000	£113,984	41% above HPI
2017 23 JUN	£164,000	£104,122	58% above HPI
2017 23 JUN	£164,000	£104,122	58% above HPI

What might 1 CEDAR CLOSE be worth now?

1 CEDAR CLOSE might now be worth an estimated £231,370.

This is based on house price inflation of 43.7%, between January 2020 and April 2026, 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 43.7% inflationary increase is applied to the most recent sale price for 1 CEDAR CLOSE of £161,000 on 17th January 2020. For the value to have increased from £161,000 to £231,370 over the five years and nine months to April 2026, the following assumptions must hold true:

• The value of 1 CEDAR CLOSE has moved in line with the HPI for semi-detached houses in the Hyndburn local authority area.
• The January 2020 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CEDAR CLOSE has not materially changed since January 2020.

How Large is 1 CEDAR CLOSE?

1 CEDAR CLOSE is 83m² according to the EPC inspection conducted in December 2016. This puts it in the largest 50% of semi-detached houses in Rishton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Rishton, and where 1 CEDAR CLOSE lies on this distribution: 51% of semi-detached houses are smaller than 1 CEDAR CLOSE, and 47% of semi-detached houses are larger. Note that EPC data is not available for all properties in Rishton.

1 CEDAR CLOSE: Plot

1 CEDAR CLOSE sits on a plot of roughly 0.135 of an acre, or 548m².

Where is 1 CEDAR CLOSE?

1 CEDAR CLOSE is located in RISHTON, in the BB1 postcode district.