16, RIBBLE LANE, CHATBURN, CLITHEROE, BB7 4AG - £170,000

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.

16 RIBBLE LANE is a very small extended detached house of 80m², built sometime before 1900, which could now be worth an estimated £195,317. It was last sold for £170,000 in June 2021, which was around 54% below the average June 2021 detached price in the Ribble Valley local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was E.

16 RIBBLE LANE Sold Prices

Land registry data shows two sales for 16 RIBBLE LANE 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 RIBBLE LANE 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 2 JUN	£170,000	£369,359	54% below HPI
2003 19 NOV	£155,000	£211,423	27% below HPI

16 RIBBLE LANE 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 RIBBLE LANE sales from November 2003 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 November 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2021 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 16 RIBBLE LANE be worth now?

16 RIBBLE LANE might now be worth an estimated £195,317.

This is based on house price inflation of 14.9%, between June 2021 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 14.9% inflationary increase is applied to the most recent sale price for 16 RIBBLE LANE of £170,000 on 2nd June 2021. For the value to have increased from £170,000 to £195,317 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 16 RIBBLE LANE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The June 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RIBBLE LANE has not materially changed since June 2021.

How Large is 16 RIBBLE LANE?

16 RIBBLE LANE is 80m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses houses in Chatburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatburn, and where 16 RIBBLE LANE lies on this distribution: 7% of detached houses houses are smaller than 16 RIBBLE LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Chatburn.

16 RIBBLE LANE: Plot and Title Map

16 RIBBLE LANE sits on a plot of roughly 0.014 of an acre, or 57m². The below map shows the location of 16 RIBBLE LANE, 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 RIBBLE LANE). 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 RIBBLE LANE?

16 RIBBLE LANE is located in CHATBURN, in the BB7 postcode district. The below map shows the position of No. 16 on RIBBLE LANE.