1, LAKELAND CLOSE, BILLINGTON, CLITHEROE, BB7 9LN - £169,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LAKELAND CLOSE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £169,950 in November 2019, which was around 49% below the average November 2019 detached price in the Ribble Valley local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

1 LAKELAND CLOSE Sold Prices

Land registry data shows two sales for 1 LAKELAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 1 LAKELAND CLOSE 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
2019 15 NOV	£169,950	£333,719	49% below HPI
1997 4 DEC	£68,000	£104,114	35% below HPI

1 LAKELAND CLOSE 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 1 LAKELAND CLOSE sales from December 1997 and November 2019 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 December 1997 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 1 LAKELAND CLOSE?

1 LAKELAND CLOSE is 72m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Billington, based on EPC data. The below chart shows the distribution of detached houses by size in Billington, and where 1 LAKELAND CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 1 LAKELAND CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Billington.

1 LAKELAND CLOSE: Plot and Title Map

1 LAKELAND CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 1 LAKELAND CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 LAKELAND CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 LAKELAND CLOSE?

1 LAKELAND CLOSE is located in BILLINGTON, in the BB7 postcode district. The below map shows the position of No. 1 on LAKELAND CLOSE.