18, RIBCHESTER WAY, BRIERFIELD, NELSON, BB9 0YH - £165,500

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

18 RIBCHESTER WAY is a very small detached house of 78m², built sometime between 1991 and 1995, which could now be worth an estimated £269,591. It was last sold for £165,500 in April 2007, which was around 3% below the average April 2007 detached price in the Pendle local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

18 RIBCHESTER WAY Sold Prices

Land registry data shows three sales for 18 RIBCHESTER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. One of the three 18 RIBCHESTER WAY 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
2007 27 APR	£165,500	£170,536	3% below HPI
2002 7 JUN	£86,500	£74,289	16% above HPI
1995 14 DEC	£63,000	£60,361	4% above HPI

18 RIBCHESTER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The three 18 RIBCHESTER WAY sales between December 1995 and April 2007 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 2002 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2007 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 18 RIBCHESTER WAY be worth now?

18 RIBCHESTER WAY might now be worth an estimated £269,591.

This is based on house price inflation of 62.9%, between April 2007 and December 2024, for detached houses, in the Pendle local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.9% inflationary increase is applied to the most recent sale price for 18 RIBCHESTER WAY of £165,500 on 27th April 2007. For the value to have increased from £165,500 to £269,591 over the sixteen years and four months to December 2024, the following assumptions must hold true:

• The value of 18 RIBCHESTER WAY has moved in line with the HPI for detached houses in the Pendle local authority area.
• The April 2007 sale price of £165,500 represented a fair market value for the property.
• The size, condition, and specification of 18 RIBCHESTER WAY has not materially changed since April 2007.

How Large is 18 RIBCHESTER WAY?

18 RIBCHESTER WAY is 78m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses houses in Brierfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brierfield, and where 18 RIBCHESTER WAY lies on this distribution: 10% of detached houses houses are smaller than 18 RIBCHESTER WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

18 RIBCHESTER WAY: Plot and Title Map

18 RIBCHESTER WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 18 RIBCHESTER WAY, 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 18 RIBCHESTER WAY). 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 18 RIBCHESTER WAY?

18 RIBCHESTER WAY is located in BRIERFIELD, in the BB9 postcode district. The below map shows the position of No. 18 on RIBCHESTER WAY.