2, GROVE STREET, BARROWFORD, NELSON, BB9 8PW - £100,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 GROVE STREET is a very small detached house of 84m², built sometime before 1900. It was last sold for £100,000 in May 2024, which was around 60% below the average May 2024 detached price in the Pendle local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

2 GROVE STREET Sold Prices

Land registry data shows three sales for 2 GROVE STREET 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 2 GROVE STREET 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
2024 29 MAY	£100,000	£250,876	60% below HPI
2005 29 APR	£109,950	£117,964	7% below HPI
2003 28 NOV	£80,950	£90,621	11% below HPI

2 GROVE STREET 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 2 GROVE STREET sales between November 2003 and May 2024 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 April 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2024 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 2 GROVE STREET?

2 GROVE STREET is 84m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of detached houses in Barrowford, based on EPC data. The below chart shows the distribution of detached houses by size in Barrowford, and where 2 GROVE STREET lies on this distribution: 11% of detached houses are smaller than 2 GROVE STREET, and 88% of houses are larger. Note that EPC data is not available for all properties in Barrowford.

2 GROVE STREET: Plot and Title Map

2 GROVE STREET sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 2 GROVE STREET, 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 2 GROVE STREET). 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 2 GROVE STREET?

2 GROVE STREET is located in BARROWFORD, in the BB9 postcode district. The below map shows the position of No. 2 on GROVE STREET.