1, PRIORY CHASE, NELSON, BB9 0NT - £106,000

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

1 PRIORY CHASE is a very small detached house of 70m², built sometime between 2003 and 2006. It was last sold for £106,000 in August 2016, which was around 41% below the average August 2016 detached price in the Pendle local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

1 PRIORY CHASE Sold Prices

Land registry data shows three sales for 1 PRIORY CHASE 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. All of the three 1 PRIORY CHASE 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
2016 19 AUG	£106,000	£179,619	41% below HPI
2007 9 NOV	£149,950	£185,721	19% below HPI
2005 2 DEC	£134,995	£139,117	3% below HPI

1 PRIORY CHASE 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 1 PRIORY CHASE sales between December 2005 and August 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 November 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 1 PRIORY CHASE?

1 PRIORY CHASE is 70m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of detached houses in Nelson, based on EPC data. The below chart shows the distribution of detached houses by size in Nelson, and where 1 PRIORY CHASE lies on this distribution: 4% of detached houses are smaller than 1 PRIORY CHASE, and 96% of houses are larger. Note that EPC data is not available for all properties in Nelson.

1 PRIORY CHASE: Plot and Title Map

1 PRIORY CHASE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 1 PRIORY CHASE, 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 1 PRIORY CHASE). 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 1 PRIORY CHASE?

1 PRIORY CHASE is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 1 on PRIORY CHASE.