3, RIBCHESTER WAY, BRIERFIELD, NELSON, BB9 0YH - £145,500

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

3 RIBCHESTER WAY is a very small extended detached house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £220,414. It was last sold for £145,500 in December 2016, which was around 19% below the average December 2016 detached price in the Pendle local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

3 RIBCHESTER WAY Sold Prices

Land registry data shows two sales for 3 RIBCHESTER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. One of the two 3 RIBCHESTER WAY sales was for below the average price, whilst the other was 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
2016 2 DEC	£145,500	£180,692	19% below HPI
1996 3 MAY	£63,000	£59,593	6% above HPI

3 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 two 3 RIBCHESTER WAY sales from May 1996 and December 2016 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 May 1996 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 RIBCHESTER WAY be worth now?

3 RIBCHESTER WAY might now be worth an estimated £220,414.

This is based on house price inflation of 51.5%, between December 2016 and February 2025, 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 51.5% inflationary increase is applied to the most recent sale price for 3 RIBCHESTER WAY of £145,500 on 2nd December 2016. For the value to have increased from £145,500 to £220,414 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 RIBCHESTER WAY has moved in line with the HPI for detached houses in the Pendle local authority area.
• The December 2016 sale price of £145,500 represented a fair market value for the property.
• The size, condition, and specification of 3 RIBCHESTER WAY has not materially changed since December 2016.

How Large is 3 RIBCHESTER WAY?

3 RIBCHESTER WAY is 75m², which includes one extension, according to the EPC inspection conducted in July 2016. 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 3 RIBCHESTER WAY lies on this distribution: 8% of detached houses houses are smaller than 3 RIBCHESTER WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

3 RIBCHESTER WAY: Plot and Title Map

3 RIBCHESTER WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 3 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 3 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 3 RIBCHESTER WAY?

3 RIBCHESTER WAY is located in BRIERFIELD, in the BB9 postcode district. The below map shows the position of No. 3 on RIBCHESTER WAY.