9, PARKER AVENUE, CLITHEROE, BB7 1JA - £263,000

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.

9 PARKER AVENUE is a very small semi-detached house of 61m², built sometime between 1930 and 1949, which could now be worth an estimated £318,209. It was last sold for £263,000 in June 2021, which was around 15% above the average June 2021 semi-detached price in the Ribble Valley local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

9 PARKER AVENUE Sold Prices

Land registry data shows three sales for 9 PARKER AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Ribble Valley local authority area for the corresponding sale date. Two of the three 9 PARKER AVENUE sales were for above the average price, whilst one was 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 24 JUN	£263,000	£228,682	15% above HPI
2017 5 MAY	£235,000	£207,329	13% above HPI
2013 27 MAR	£164,000	£195,694	16% below HPI

9 PARKER AVENUE 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 three 9 PARKER AVENUE sales between March 2013 and June 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 May 2017 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 9 PARKER AVENUE be worth now?

9 PARKER AVENUE might now be worth an estimated £318,209.

This is based on house price inflation of 21%, between June 2021 and May 2026, for semi-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 21% inflationary increase is applied to the most recent sale price for 9 PARKER AVENUE of £263,000 on 24th June 2021. For the value to have increased from £263,000 to £318,209 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 9 PARKER AVENUE has moved in line with the HPI for semi-detached houses in the Ribble Valley local authority area.
• The June 2021 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PARKER AVENUE has not materially changed since June 2021.

How Large is 9 PARKER AVENUE?

9 PARKER AVENUE is 61m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of semi-detached houses in Clitheroe, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Clitheroe, and where 9 PARKER AVENUE lies on this distribution: 5% of semi-detached houses are smaller than 9 PARKER AVENUE, and 94% of semi-detached houses are larger. Note that EPC data is not available for all properties in Clitheroe.

Where is 9 PARKER AVENUE?

9 PARKER AVENUE is located in CLITHEROE, in the BB7 postcode district.