4, WESTMINSTER CLOSE, SIMONSTONE, BURNLEY, BB12 7ST - £250,000

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 WESTMINSTER CLOSE is a midsized detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £347,519. It was last sold for £250,000 in August 2011, which was around 21% below the average August 2011 detached price in the Ribble Valley local authority area. The most recent EPC inspection was April 2011, where the current energy rating was F, and the potential energy rating was D.

4 WESTMINSTER CLOSE Sold Prices

Land registry data shows one sale for 4 WESTMINSTER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2011 15 AUG	£250,000	£316,694	21% below HPI

What might 4 WESTMINSTER CLOSE be worth now?

4 WESTMINSTER CLOSE might now be worth an estimated £347,519.

This is based on house price inflation of 39%, between August 2011 and April 2026, for detached 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 39% inflationary increase is applied to the most recent sale price for 4 WESTMINSTER CLOSE of £250,000 on 15th August 2011. For the value to have increased from £250,000 to £347,519 over the fifteen years and four months to April 2026, the following assumptions must hold true:

• The value of 4 WESTMINSTER CLOSE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The August 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WESTMINSTER CLOSE has not materially changed since August 2011.

How Large is 4 WESTMINSTER CLOSE?

4 WESTMINSTER CLOSE is 128m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 50% of detached houses in Read, based on EPC data. The below chart shows the distribution of detached houses by size in Read, and where 4 WESTMINSTER CLOSE lies on this distribution: 49% of detached houses are smaller than 4 WESTMINSTER CLOSE, and 51% of detached houses are larger. Note that EPC data is not available for all properties in Read.

4 WESTMINSTER CLOSE: Plot

4 WESTMINSTER CLOSE sits on a plot of roughly 0.128 of an acre, or 519m².

Where is 4 WESTMINSTER CLOSE?

4 WESTMINSTER CLOSE is located in SIMONSTONE, in the BB12 postcode district.