4, LAKELAND DRIVE, WHALLEY, CLITHEROE, BB7 9XD - £611,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 LAKELAND DRIVE is a very large detached house of 204m², built sometime between 1996 and 2002. It was last sold for £611,000 in November 2022, which was around 58% above the average November 2022 detached price in the Ribble Valley local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

4 LAKELAND DRIVE Sold Prices

Land registry data shows three sales for 4 LAKELAND DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. All of the three 4 LAKELAND DRIVE 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
2022 29 NOV	£611,000	£387,242	58% above HPI
2007 14 SEP	£435,000	£317,365	37% above HPI
2003 9 DEC	£287,950	£205,296	40% above HPI

4 LAKELAND DRIVE 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 three 4 LAKELAND DRIVE sales between December 2003 and November 2022 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 September 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2022 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 4 LAKELAND DRIVE?

4 LAKELAND DRIVE is 204m² according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Nethertown, based on EPC data. The below chart shows the distribution of detached houses by size in Nethertown, and where 4 LAKELAND DRIVE lies on this distribution: 86% of detached houses are smaller than 4 LAKELAND DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Nethertown.

4 LAKELAND DRIVE: Plot and Title Map

4 LAKELAND DRIVE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 4 LAKELAND DRIVE, 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 4 LAKELAND DRIVE). 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 4 LAKELAND DRIVE?

4 LAKELAND DRIVE is located in WHALLEY, in the BB7 postcode district. The below map shows the position of No. 4 on LAKELAND DRIVE.