16, PENNINE WAY, BRIERFIELD, NELSON, BB9 5DT - £165,000

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.

16 PENNINE WAY is a very small semi-detached house of 54m², built sometime between 1950 and 1966, which could now be worth an estimated £183,762. It was last sold for £165,000 in March 2022, which was around 11% above the average March 2022 semi-detached price in the Pendle local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

16 PENNINE WAY Sold Prices

Land registry data shows three sales for 16 PENNINE WAY 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 Pendle local authority area for the corresponding sale date. The three 16 PENNINE WAY sales were a mix of above the average price, roughly equal to the average price, and 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
2022 2 MAR	£165,000	£148,575	11% above HPI
2019 22 FEB	£117,000	£117,063	Close to HPI
2017 13 JUN	£76,000	£110,141	31% below HPI

16 PENNINE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Pendle local authority area over time, sourced from the HPI. The three 16 PENNINE WAY sales between June 2017 and March 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 February 2019 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 16 PENNINE WAY be worth now?

16 PENNINE WAY might now be worth an estimated £183,762.

This is based on house price inflation of 11.4%, between March 2022 and February 2025, for semi-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 11.4% inflationary increase is applied to the most recent sale price for 16 PENNINE WAY of £165,000 on 2nd March 2022. For the value to have increased from £165,000 to £183,762 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 16 PENNINE WAY has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The March 2022 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PENNINE WAY has not materially changed since March 2022.

How Large is 16 PENNINE WAY?

16 PENNINE WAY is 54m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of semi-detached houses houses in Brierfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Brierfield, and where 16 PENNINE WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 16 PENNINE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Brierfield.

16 PENNINE WAY: Plot and Title Map

16 PENNINE WAY sits on a plot of roughly 21.2 acres, or 85,788m². The below map shows the location of 16 PENNINE 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 16 PENNINE 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 16 PENNINE WAY?

16 PENNINE WAY is located in BRIERFIELD, in the BB9 postcode district. The below map shows the position of No. 16 on PENNINE WAY.