RANWORTH, PRESTON NEW ROAD, MELLOR BROOK, BLACKBURN, BB2 7NS - £305,000

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.

RANWORTH is a small extended semi-detached house of 117m², built sometime between 1930 and 1949, which could now be worth an estimated £326,579. It was last sold for £305,000 in August 2023, which was around 57% above the average August 2023 semi-detached price in the South Ribble 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.

RANWORTH Sold Prices

Land registry data shows three sales for RANWORTH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Ribble local authority area for the corresponding sale date. All of the three RANWORTH 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
2023 18 AUG	£305,000	£194,418	57% above HPI
2022 13 DEC	£280,000	£196,325	43% above HPI
1995 28 APR	£62,260	£49,506	26% above HPI

RANWORTH Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Ribble local authority area over time, sourced from the HPI. The three RANWORTH sales between April 1995 and August 2023 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 December 2022 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2023 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might RANWORTH be worth now?

RANWORTH might now be worth an estimated £326,579.

This is based on house price inflation of 7.1%, between August 2023 and March 2025, for semi-detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% inflationary increase is applied to the most recent sale price for RANWORTH of £305,000 on 18th August 2023. For the value to have increased from £305,000 to £326,579 over the two years and five months to March 2025, the following assumptions must hold true:

• The value of RANWORTH has moved in line with the HPI for semi-detached houses in the South Ribble local authority area.
• The August 2023 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of RANWORTH has not materially changed since August 2023.

How Large is RANWORTH?

RANWORTH is 117m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of semi-detached houses houses in Mellor Brook, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mellor Brook, and where RANWORTH lies on this distribution: 29% of semi-detached houses houses are smaller than RANWORTH, and 69% of houses are larger. Note that EPC data is not available for all properties in Mellor Brook.

RANWORTH: Plot and Title Map

RANWORTH sits on a plot of roughly 0.367 of an acre, or 1,484m². The below map shows the location of RANWORTH, 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 RANWORTH). 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 RANWORTH?

RANWORTH is located on PRESTON NEW ROAD in MELLOR BROOK, in the BB2 postcode district. The below map shows the position of RANWORTH on PRESTON NEW ROAD.