198, NEW LANE, OSWALDTWISTLE, ACCRINGTON, BB5 3QW - £197,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

198 NEW LANE is a small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £197,500 in December 2015, which was around 22% above the average December 2015 detached price in the Hyndburn local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

198 NEW LANE Sold Prices

Land registry data shows two sales for 198 NEW LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hyndburn local authority area for the corresponding sale date. One of the two 198 NEW LANE sales was for above the average price, whilst the other was 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
2015 9 DEC	£197,500	£161,365	22% above HPI
2013 15 MAR	£85,000	£151,801	44% below HPI

198 NEW LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hyndburn local authority area over time, sourced from the HPI. The two 198 NEW LANE sales from March 2013 and December 2015 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 March 2013 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2015 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 198 NEW LANE?

198 NEW LANE is 86m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Oswaldtwistle, based on EPC data. The below chart shows the distribution of detached houses by size in Oswaldtwistle, and where 198 NEW LANE lies on this distribution: 22% of detached houses are smaller than 198 NEW LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Oswaldtwistle.

198 NEW LANE: Plot and Title Map

198 NEW LANE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 198 NEW LANE, 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 198 NEW LANE). 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 198 NEW LANE?

198 NEW LANE is located in OSWALDTWISTLE, in the BB5 postcode district. The below map shows the position of No. 198 on NEW LANE.