280, RAILWAY STREET, NELSON, BB9 0JE - £34,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

280 RAILWAY STREET is a very small detached house of 77m², built sometime before 1900, which could now be worth an estimated £102,283. It was last sold for £34,000 in February 2004, which was around 63% below the average February 2004 detached price in the Pendle local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

280 RAILWAY STREET Sold Prices

Land registry data shows two sales for 280 RAILWAY STREET 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 280 RAILWAY 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
2004 19 FEB	£34,000	£92,342	63% below HPI
1998 6 FEB	£10,950	£62,971	83% below HPI

280 RAILWAY 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 two 280 RAILWAY STREET sales from February 1998 and February 2004 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 1998 sale was for 83% below the HPI. So the extrapolation line tracks at 83% below the HPI over time, until the February 2004 sale, where it rises to 63% below the HPI. The line then continues to track at 63% below the HPI.

What might 280 RAILWAY STREET be worth now?

280 RAILWAY STREET might now be worth an estimated £102,283.

This is based on house price inflation of 200.8%, between February 2004 and December 2024, for 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 200.8% inflationary increase is applied to the most recent sale price for 280 RAILWAY STREET of £34,000 on 19th February 2004. For the value to have increased from £34,000 to £102,283 over the nineteen years and two months to December 2024, the following assumptions must hold true:

• The value of 280 RAILWAY STREET has moved in line with the HPI for detached houses in the Pendle local authority area.
• The February 2004 sale price of £34,000 represented a fair market value for the property.
• The size, condition, and specification of 280 RAILWAY STREET has not materially changed since February 2004.

How Large is 280 RAILWAY STREET?

280 RAILWAY STREET is 77m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% of detached houses houses in Nelson, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nelson, and where 280 RAILWAY STREET lies on this distribution: 8% of detached houses houses are smaller than 280 RAILWAY STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Nelson.

280 RAILWAY STREET: Plot and Title Map

280 RAILWAY STREET sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of 280 RAILWAY 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 280 RAILWAY 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 280 RAILWAY STREET?

280 RAILWAY STREET is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 280 on RAILWAY STREET.