5, RIBBLE LANE, CHATBURN, CLITHEROE, BB7 4AG - £187,000

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.

5 RIBBLE LANE is a midsized extended terraced house of 79m², built sometime before 1900, which could now be worth an estimated £241,135. It was last sold for £187,000 in August 2017, which was around 20% above the average August 2017 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was A.

5 RIBBLE LANE Sold Prices

Land registry data shows one sale for 5 RIBBLE 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
2017 4 AUG	£187,000	£155,300	20% above HPI

What might 5 RIBBLE LANE be worth now?

5 RIBBLE LANE might now be worth an estimated £241,135.

This is based on house price inflation of 28.9%, between August 2017 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 28.9% inflationary increase is applied to the most recent sale price for 5 RIBBLE LANE of £187,000 on 4th August 2017. For the value to have increased from £187,000 to £241,135 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of 5 RIBBLE LANE has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The August 2017 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIBBLE LANE has not materially changed since August 2017.

How Large is 5 RIBBLE LANE?

5 RIBBLE LANE is 79m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of terraced houses in Chatburn, based on EPC data. The below chart shows the distribution of terraced houses by size in Chatburn, and where 5 RIBBLE LANE lies on this distribution: 50% of terraced houses are smaller than 5 RIBBLE LANE, and 48% of terraced houses are larger. Note that EPC data is not available for all properties in Chatburn.

5 RIBBLE LANE: Plot

5 RIBBLE LANE sits on a plot of roughly 0.030 of an acre, or 121m².

Where is 5 RIBBLE LANE?

5 RIBBLE LANE is located in CHATBURN, in the BB7 postcode district.