11, BANKS HILL, BARNOLDSWICK, BB18 5XA - £436,000

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.

11 BANKS HILL is a midsized extended detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £433,219. It was last sold for £436,000 in November 2022, which was around 58% above the average November 2022 detached price in the Pendle local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

11 BANKS HILL Sold Prices

Land registry data shows two sales for 11 BANKS HILL 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. Both of the two 11 BANKS HILL 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 8 NOV	£436,000	£275,482	58% above HPI
2011 21 OCT	£225,000	£167,777	34% above HPI

11 BANKS HILL 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 11 BANKS HILL sales from October 2011 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 October 2011 sale was for 34% above the HPI. So the extrapolation line tracks at 34% 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.

What might 11 BANKS HILL be worth now?

11 BANKS HILL might now be worth an estimated £433,219.

This is based on house price deflation of 0.6%, between November 2022 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 0.6% deflationary decrease is applied to the most recent sale price for 11 BANKS HILL of £436,000 on 8th November 2022. For the value to have decreased from £436,000 to £433,219 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 11 BANKS HILL has moved in line with the HPI for detached houses in the Pendle local authority area.
• The November 2022 sale price of £436,000 represented a fair market value for the property.
• The size, condition, and specification of 11 BANKS HILL has not materially changed since November 2022.

How Large is 11 BANKS HILL?

11 BANKS HILL is 119m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses houses in Barnoldswick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnoldswick, and where 11 BANKS HILL lies on this distribution: 55% of detached houses houses are smaller than 11 BANKS HILL, and 43% of houses are larger. Note that EPC data is not available for all properties in Barnoldswick.

11 BANKS HILL: Plot and Title Map

11 BANKS HILL sits on a plot of roughly 0.289 of an acre, or 1,170m². The below map shows the location of 11 BANKS HILL, 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 11 BANKS HILL). 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 11 BANKS HILL?

11 BANKS HILL is located in BARNOLDSWICK, in the BB18 postcode district. The below map shows the position of No. 11 on BANKS HILL.