7, STRAITS LANE, READ, BURNLEY, BB12 7PE - £195,000

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.

7 STRAITS LANE is a large extended terraced house of 95m², built sometime between 1900 and 1929, which could now be worth an estimated £197,600. It was last sold for £195,000 in December 2025, which was around 1% below the average December 2025 terraced price in the Ribble Valley local authority area. The most recent EPC inspection was September 2025, where the current energy rating was C, and the potential energy rating was C.

7 STRAITS LANE Sold Prices

Land registry data shows two sales for 7 STRAITS LANE 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 7 STRAITS LANE 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
2025 18 DEC	£195,000	£197,623	1% below HPI
2009 19 AUG	£89,000	£135,871	34% below HPI

7 STRAITS LANE 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 7 STRAITS LANE sales from August 2009 and December 2025 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 August 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2025 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 7 STRAITS LANE be worth now?

7 STRAITS LANE might now be worth an estimated £197,600.

This is based on house price inflation of 1.3%, between December 2025 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 1.3% inflationary increase is applied to the most recent sale price for 7 STRAITS LANE of £195,000 on 18th December 2025. For the value to have increased from £195,000 to £197,600 over the one year and seven months to May 2026, the following assumptions must hold true:

• The value of 7 STRAITS LANE has moved in line with the HPI for terraced houses in the Ribble Valley local authority area.
• The December 2025 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 7 STRAITS LANE has not materially changed since December 2025.

How Large is 7 STRAITS LANE?

7 STRAITS LANE is 95m², which includes one extension, according to the EPC inspection conducted in September 2025. This puts it in the largest 40% of terraced houses in Read, based on EPC data. The below chart shows the distribution of terraced houses by size in Read, and where 7 STRAITS LANE lies on this distribution: 68% of terraced houses are smaller than 7 STRAITS LANE, and 31% of terraced houses are larger. Note that EPC data is not available for all properties in Read.

Where is 7 STRAITS LANE?

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