8, MEDLOCK WAY, CLITHEROE, BB7 2FG - £254,242

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.

8 MEDLOCK WAY is a small detached house of 106m², built in 2013, which could now be worth an estimated £335,110. It was last sold for £254,242 in March 2017, which was around 24% below the average March 2017 detached price in the Ribble Valley local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

8 MEDLOCK WAY Sold Prices

Land registry data shows one sale for 8 MEDLOCK WAY 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
2017 2 MAR	£254,242	£333,994	24% below HPI

What might 8 MEDLOCK WAY be worth now?

8 MEDLOCK WAY might now be worth an estimated £335,110.

This is based on house price inflation of 31.8%, between March 2017 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 31.8% inflationary increase is applied to the most recent sale price for 8 MEDLOCK WAY of £254,242 on 2nd March 2017. For the value to have increased from £254,242 to £335,110 over the eight years and eleven months to April 2026, the following assumptions must hold true:

• The value of 8 MEDLOCK WAY has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The March 2017 sale price of £254,242 represented a fair market value for the property.
• The size, condition, and specification of 8 MEDLOCK WAY has not materially changed since March 2017.

How Large is 8 MEDLOCK WAY?

8 MEDLOCK WAY is 106m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% of detached houses in Clitheroe, based on EPC data. The below chart shows the distribution of detached houses by size in Clitheroe, and where 8 MEDLOCK WAY lies on this distribution: 32% of detached houses are smaller than 8 MEDLOCK WAY, and 66% of detached houses are larger. Note that EPC data is not available for all properties in Clitheroe.

8 MEDLOCK WAY: Plot

8 MEDLOCK WAY sits on a plot of roughly 1.2 acres, or 4,903m².

Where is 8 MEDLOCK WAY?

8 MEDLOCK WAY is located in CLITHEROE, in the BB7 postcode district.