FLAT 5, 2, EDWARD DRIVE, CLITHEROE, BB7 1FF - £127,500

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.

FLAT 5 2 EDWARD DRIVE is a small flat of 51m², built in 2017, which could now be worth an estimated £140,384. It was last sold for £127,500 in January 2021, which was around 9% below the average January 2021 flat price in the Ribble Valley local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was B.

FLAT 5 2 EDWARD DRIVE Sold Prices

Land registry data shows two sales for FLAT 5 2 EDWARD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Ribble Valley local authority area for the corresponding sale date. Both of the two FLAT 5 2 EDWARD DRIVE 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 29 JAN	£127,500	£140,326	9% below HPI
2017 29 JUN	£124,995	£141,482	12% below HPI

What might FLAT 5 2 EDWARD DRIVE be worth now?

FLAT 5 2 EDWARD DRIVE might now be worth an estimated £140,384.

This is based on house price inflation of 10.1%, between January 2021 and April 2026, for flats, 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 10.1% inflationary increase is applied to the most recent sale price for FLAT 5 2 EDWARD DRIVE of £127,500 on 29th January 2021. For the value to have increased from £127,500 to £140,384 over the four years and nine months to April 2026, the following assumptions must hold true:

• The value of FLAT 5 2 EDWARD DRIVE has moved in line with the HPI for flats in the Ribble Valley local authority area.
• The January 2021 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of FLAT 5 2 EDWARD DRIVE has not materially changed since January 2021.

How Large is FLAT 5 2 EDWARD DRIVE?

FLAT 5 2 EDWARD DRIVE is 51m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of flats in Clitheroe, based on EPC data. 36% of flats are smaller than FLAT 5 2 EDWARD DRIVE, and 61% of flats are larger. Note that EPC data is not available for all properties in Clitheroe.

FLAT 5 2 EDWARD DRIVE: Plot

FLAT 5 2 EDWARD DRIVE sits on a plot of roughly 4.6 acres, or 18,472m².

Where is FLAT 5 2 EDWARD DRIVE?

FLAT 5, 2 EDWARD DRIVE is located in CLITHEROE, in the BB7 postcode district.