3, RAMSGREAVE ROAD, RAMSGREAVE, BLACKBURN, BB1 9BH - £125,000

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.

3 RAMSGREAVE ROAD is a large terraced house of 92m², built sometime between 1900 and 1929, which could now be worth an estimated £179,513. It was last sold for £125,000 in January 2014, which was around 10% below the average January 2014 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

3 RAMSGREAVE ROAD Sold Prices

Land registry data shows three sales for 3 RAMSGREAVE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Ribble Valley local authority area for the corresponding sale date. Two of the three 3 RAMSGREAVE ROAD sales were for below the average price, whilst one was 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
2014 14 JAN	£125,000	£138,614	10% below HPI
2012 9 MAY	£125,000	£141,002	11% below HPI
2000 25 MAY	£64,250	£55,123	17% above HPI

3 RAMSGREAVE 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 three 3 RAMSGREAVE ROAD sales between May 2000 and January 2014 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 May 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 3 RAMSGREAVE ROAD be worth now?

3 RAMSGREAVE ROAD might now be worth an estimated £179,513.

This is based on house price inflation of 43.6%, between January 2014 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 43.6% inflationary increase is applied to the most recent sale price for 3 RAMSGREAVE ROAD of £125,000 on 14th January 2014. For the value to have increased from £125,000 to £179,513 over the eleven years and nine months to April 2026, the following assumptions must hold true:

• The value of 3 RAMSGREAVE ROAD has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The January 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RAMSGREAVE ROAD has not materially changed since January 2014.

How Large is 3 RAMSGREAVE ROAD?

3 RAMSGREAVE ROAD is 92m² according to the EPC inspection conducted in September 2011. This puts it in the largest 40% of terraced houses in Blackburn, based on EPC data. The below chart shows the distribution of terraced houses by size in Blackburn, and where 3 RAMSGREAVE ROAD lies on this distribution: 65% of terraced houses are smaller than 3 RAMSGREAVE ROAD, and 35% of terraced houses are larger. Note that EPC data is not available for all properties in Blackburn.

Where is 3 RAMSGREAVE ROAD?

3 RAMSGREAVE ROAD is located in RAMSGREAVE, in the BB1 postcode district.