16, RAILWAY VIEW ROAD, CLITHEROE, BB7 2HE - £235,000

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.

16 RAILWAY VIEW ROAD is a very large extended terraced house of 134m², built sometime before 1900, which could now be worth an estimated £300,937. It was last sold for £235,000 in February 2018, which was around 51% above the average February 2018 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

16 RAILWAY VIEW ROAD Sold Prices

Land registry data shows two sales for 16 RAILWAY VIEW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 16 RAILWAY VIEW ROAD 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
2018 19 FEB	£235,000	£155,448	51% above HPI
2015 16 OCT	£150,000	£146,701	2% above HPI

16 RAILWAY VIEW ROAD 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 two 16 RAILWAY VIEW ROAD sales from October 2015 and February 2018 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 October 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2018 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 16 RAILWAY VIEW ROAD be worth now?

16 RAILWAY VIEW ROAD might now be worth an estimated £300,937.

This is based on house price inflation of 28.1%, between February 2018 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 28.1% inflationary increase is applied to the most recent sale price for 16 RAILWAY VIEW ROAD of £235,000 on 19th February 2018. For the value to have increased from £235,000 to £300,937 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of 16 RAILWAY VIEW ROAD has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The February 2018 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RAILWAY VIEW ROAD has not materially changed since February 2018.

How Large is 16 RAILWAY VIEW ROAD?

16 RAILWAY VIEW ROAD is 134m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of terraced houses in Clitheroe, based on EPC data. The below chart shows the distribution of terraced houses by size in Clitheroe, and where 16 RAILWAY VIEW ROAD lies on this distribution: 96% of terraced houses are smaller than 16 RAILWAY VIEW ROAD, and 4% of terraced houses are larger. Note that EPC data is not available for all properties in Clitheroe.

Where is 16 RAILWAY VIEW ROAD?

16 RAILWAY VIEW ROAD is located in CLITHEROE, in the BB7 postcode district.