1, LANCASTER PLACE, CLITHEROE, BB7 2RH - £420,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 LANCASTER PLACE is a very large detached house of 145m², which could now be worth an estimated £418,060. It was last sold for £420,000 in October 2024, which was around 1% below the average October 2024 detached price in the Ribble Valley local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

1 LANCASTER PLACE Sold Prices

Land registry data shows three sales for 1 LANCASTER PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. One of the three 1 LANCASTER PLACE sales was for below the average price, whilst two were for above 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
2024 11 OCT	£420,000	£426,334	1% below HPI
2024 28 JUN	£430,000	£417,226	3% above HPI
2019 15 NOV	£369,995	£352,663	5% above HPI

1 LANCASTER PLACE 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 1 LANCASTER PLACE sales between November 2019 and October 2024 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 June 2024 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2024 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 1 LANCASTER PLACE be worth now?

1 LANCASTER PLACE might now be worth an estimated £418,060.

This is based on house price deflation of 0.5%, between October 2024 and February 2025, 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 0.5% deflationary decrease is applied to the most recent sale price for 1 LANCASTER PLACE of £420,000 on 11th October 2024. For the value to have decreased from £420,000 to £418,060 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 1 LANCASTER PLACE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The October 2024 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LANCASTER PLACE has not materially changed since October 2024.

How Large is 1 LANCASTER PLACE?

1 LANCASTER PLACE is 145m² according to the EPC inspection conducted in October 2019. This puts it in the largest 20% of detached houses houses in Clitheroe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clitheroe, and where 1 LANCASTER PLACE lies on this distribution: 86% of detached houses houses are smaller than 1 LANCASTER PLACE, and 14% of houses are larger. Note that EPC data is not available for all properties in Clitheroe.

1 LANCASTER PLACE: Plot and Title Map

1 LANCASTER PLACE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 1 LANCASTER PLACE, 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 LANCASTER PLACE). 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 LANCASTER PLACE?

1 LANCASTER PLACE is located in CLITHEROE, in the BB7 postcode district. The below map shows the position of No. 1 on LANCASTER PLACE.