4, STRAITS LANE, READ, BURNLEY, BB12 7PE - £148,000

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.

4 STRAITS LANE is a very large extended terraced house of 123m², built sometime between 1900 and 1929, which could now be worth an estimated £196,765. It was last sold for £148,000 in September 2016, which was around 2% below the average September 2016 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

4 STRAITS LANE Sold Prices

Land registry data shows one sale for 4 STRAITS LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Ribble Valley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 19 SEP	£148,000	£150,627	2% below HPI

What might 4 STRAITS LANE be worth now?

4 STRAITS LANE might now be worth an estimated £196,765.

This is based on house price inflation of 32.9%, between September 2016 and May 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 32.9% inflationary increase is applied to the most recent sale price for 4 STRAITS LANE of £148,000 on 19th September 2016. For the value to have increased from £148,000 to £196,765 over the ten years and four months to May 2026, the following assumptions must hold true:

• The value of 4 STRAITS LANE has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The September 2016 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 4 STRAITS LANE has not materially changed since September 2016.

How Large is 4 STRAITS LANE?

4 STRAITS LANE is 123m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of terraced houses in Read, based on EPC data. The below chart shows the distribution of terraced houses by size in Read, and where 4 STRAITS LANE lies on this distribution: 97% of terraced houses are smaller than 4 STRAITS LANE, and 3% of terraced houses are larger. Note that EPC data is not available for all properties in Read.

Where is 4 STRAITS LANE?

4 STRAITS LANE is located in READ, in the BB12 postcode district.