16, ALDER PROSPECT, BARROW, CLITHEROE, BB7 9ZP - £502,500

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.

16 ALDER PROSPECT is a large detached house of 136m², built in 2021, which could now be worth an estimated £514,667. It was last sold for £502,500 in August 2024, which was around 21% above the average August 2024 detached price in the Ribble Valley local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was A.

16 ALDER PROSPECT Sold Prices

Land registry data shows two sales for 16 ALDER PROSPECT 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 16 ALDER PROSPECT sales 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 1 AUG	£502,500	£414,333	21% above HPI
2022 10 JUN	£414,995	£394,746	5% above HPI

16 ALDER PROSPECT 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 16 ALDER PROSPECT sales from June 2022 and August 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 2022 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2024 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 16 ALDER PROSPECT be worth now?

16 ALDER PROSPECT might now be worth an estimated £514,667.

This is based on house price inflation of 2.4%, between August 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 2.4% inflationary increase is applied to the most recent sale price for 16 ALDER PROSPECT of £502,500 on 1st August 2024. For the value to have increased from £502,500 to £514,667 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 16 ALDER PROSPECT has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The August 2024 sale price of £502,500 represented a fair market value for the property.
• The size, condition, and specification of 16 ALDER PROSPECT has not materially changed since August 2024.

How Large is 16 ALDER PROSPECT?

16 ALDER PROSPECT is 136m² according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses houses in Barrow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barrow, and where 16 ALDER PROSPECT lies on this distribution: 75% of detached houses houses are smaller than 16 ALDER PROSPECT, and 24% of houses are larger. Note that EPC data is not available for all properties in Barrow.

16 ALDER PROSPECT: Plot and Title Map

16 ALDER PROSPECT sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 16 ALDER PROSPECT, 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 16 ALDER PROSPECT). 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 16 ALDER PROSPECT?

16 ALDER PROSPECT is located in BARROW, in the BB7 postcode district. The below map shows the position of No. 16 on ALDER PROSPECT.