2, THE RIDGE, KELSWICK DRIVE, NELSON, BB9 0SZ - £185,000

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 THE RIDGE is a large extended detached house of 138m², built sometime between 1996 and 2002. It was last sold for £185,000 in January 2007, which was around 9% above the average January 2007 detached price in the Pendle local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

2 THE RIDGE Sold Prices

Land registry data shows two sales for 2 THE RIDGE 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 2 THE RIDGE 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
2007 26 JAN	£185,000	£169,221	9% above HPI
1996 27 FEB	£90,000	£57,071	58% above HPI

2 THE RIDGE 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 2 THE RIDGE sales from February 1996 and January 2007 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 1996 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the January 2007 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 THE RIDGE?

2 THE RIDGE is 138m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Nelson, based on EPC data. The below chart shows the distribution of detached houses by size in Nelson, and where 2 THE RIDGE lies on this distribution: 74% of detached houses are smaller than 2 THE RIDGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Nelson.

2 THE RIDGE: Plot and Title Map

2 THE RIDGE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 2 THE RIDGE, 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 THE RIDGE). 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 THE RIDGE?

2 THE RIDGE is located on KELSWICK DRIVE in NELSON, in the BB9 postcode district. The below map shows the position of 2 THE RIDGE on KELSWICK DRIVE.