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

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

16 RIBBLE LANE is a very small extended detached house of 80m², built sometime before 1900. It was last sold for £170,000 in June 2021, which was around 51% 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	£349,518	51% below HPI
2003 19 NOV	£155,000	£200,066	23% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2021 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

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 in Chatburn, based on EPC data. The below chart shows the distribution of detached houses by size in Chatburn, and where 16 RIBBLE LANE lies on this distribution: 7% of detached 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.