56, CHATBURN ROAD, CLITHEROE, BB7 2AP - £160,250

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.

56 CHATBURN ROAD is a midsized extended terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £184,849. It was last sold for £160,250 in August 2021, which was around 7% below the average August 2021 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

56 CHATBURN ROAD Sold Prices

Land registry data shows two sales for 56 CHATBURN 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 56 CHATBURN ROAD sales were for below 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
2021 2 AUG	£160,250	£172,573	7% below HPI
1997 3 OCT	£40,000	£46,764	14% below HPI

56 CHATBURN 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 56 CHATBURN ROAD sales from October 1997 and August 2021 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 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 56 CHATBURN ROAD be worth now?

56 CHATBURN ROAD might now be worth an estimated £184,849.

This is based on house price inflation of 15.4%, between August 2021 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 15.4% inflationary increase is applied to the most recent sale price for 56 CHATBURN ROAD of £160,250 on 2nd August 2021. For the value to have increased from £160,250 to £184,849 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 56 CHATBURN ROAD has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The August 2021 sale price of £160,250 represented a fair market value for the property.
• The size, condition, and specification of 56 CHATBURN ROAD has not materially changed since August 2021.

How Large is 56 CHATBURN ROAD?

56 CHATBURN ROAD is 85m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of terraced houses in Clitheroe, based on EPC data. The below chart shows the distribution of terraced houses by size in Clitheroe, and where 56 CHATBURN ROAD lies on this distribution: 58% of terraced houses are smaller than 56 CHATBURN ROAD, and 40% of terraced houses are larger. Note that EPC data is not available for all properties in Clitheroe.

Where is 56 CHATBURN ROAD?

56 CHATBURN ROAD is located in CLITHEROE, in the BB7 postcode district.