11, STATION CLOSE, RISHTON, BLACKBURN, BB1 4PH - £158,500

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.

11 STATION CLOSE is a midsized detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £239,566. It was last sold for £158,500 in September 2017, which was around 3% below the average September 2017 detached price in the Hyndburn local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

11 STATION CLOSE Sold Prices

Land registry data shows three sales for 11 STATION CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hyndburn local authority area for the corresponding sale date. One of the three 11 STATION CLOSE 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
2017 22 SEP	£158,500	£162,786	3% below HPI
2007 5 JAN	£173,000	£157,837	10% above HPI
2002 8 JUL	£90,000	£75,154	20% above HPI

11 STATION CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hyndburn local authority area over time, sourced from the HPI. The three 11 STATION CLOSE sales between July 2002 and September 2017 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 January 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 11 STATION CLOSE be worth now?

11 STATION CLOSE might now be worth an estimated £239,566.

This is based on house price inflation of 51.1%, between September 2017 and April 2026, for 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 51.1% inflationary increase is applied to the most recent sale price for 11 STATION CLOSE of £158,500 on 22nd September 2017. For the value to have increased from £158,500 to £239,566 over the nine years and five months to April 2026, the following assumptions must hold true:

• The value of 11 STATION CLOSE has moved in line with the HPI for detached houses in the Hyndburn local authority area.
• The September 2017 sale price of £158,500 represented a fair market value for the property.
• The size, condition, and specification of 11 STATION CLOSE has not materially changed since September 2017.

How Large is 11 STATION CLOSE?

11 STATION CLOSE is 104m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of detached houses in Rishton, based on EPC data. The below chart shows the distribution of detached houses by size in Rishton, and where 11 STATION CLOSE lies on this distribution: 58% of detached houses are smaller than 11 STATION CLOSE, and 42% of detached houses are larger. Note that EPC data is not available for all properties in Rishton.

Where is 11 STATION CLOSE?

11 STATION CLOSE is located in RISHTON, in the BB1 postcode district.