18, LANCASTER GATE, NELSON, BB9 0AP - £123,500

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.

18 LANCASTER GATE is a very small semi-detached house of 83m², built sometime between 1900 and 1929, which could now be worth an estimated £172,346. It was last sold for £123,500 in July 2019, which was around 4% above the average July 2019 semi-detached price in the Pendle local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was B.

18 LANCASTER GATE Sold Prices

Land registry data shows two sales for 18 LANCASTER GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. Both of the two 18 LANCASTER GATE 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
2019 10 JUL	£123,500	£118,572	4% above HPI
1997 16 MAY	£35,000	£33,514	4% above HPI

18 LANCASTER GATE 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 two 18 LANCASTER GATE sales from May 1997 and July 2019 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 May 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2019 sale, which was also at 4% above the HPI.

What might 18 LANCASTER GATE be worth now?

18 LANCASTER GATE might now be worth an estimated £172,346.

This is based on house price inflation of 39.6%, between July 2019 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 39.6% inflationary increase is applied to the most recent sale price for 18 LANCASTER GATE of £123,500 on 10th July 2019. For the value to have increased from £123,500 to £172,346 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 18 LANCASTER GATE has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The July 2019 sale price of £123,500 represented a fair market value for the property.
• The size, condition, and specification of 18 LANCASTER GATE has not materially changed since July 2019.

How Large is 18 LANCASTER GATE?

18 LANCASTER GATE is 83m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of semi-detached houses houses in Nelson, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nelson, and where 18 LANCASTER GATE lies on this distribution: 12% of semi-detached houses houses are smaller than 18 LANCASTER GATE, and 87% of houses are larger. Note that EPC data is not available for all properties in Nelson.

18 LANCASTER GATE: Plot and Title Map

18 LANCASTER GATE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 18 LANCASTER GATE, 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 18 LANCASTER GATE). 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 18 LANCASTER GATE?

18 LANCASTER GATE is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 18 on LANCASTER GATE.