3, LACHMAN ROAD, TRAWDEN, COLNE, BB8 8TA - £159,250

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.

3 LACHMAN ROAD is a very small detached house of 63m², built sometime between 1991 and 1995, which could now be worth an estimated £211,071. It was last sold for £159,250 in October 2018, which was around 23% below the average October 2018 detached price in the Pendle local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

3 LACHMAN ROAD Sold Prices

Land registry data shows five sales for 3 LACHMAN ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Most of the five 3 LACHMAN ROAD 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
2018 26 OCT	£159,250	£206,522	23% below HPI
2006 27 OCT	£150,000	£165,668	9% below HPI
2005 16 DEC	£160,000	£144,336	11% above HPI
2003 22 AUG	£85,000	£96,156	12% below HPI
1999 16 JUL	£58,000	£65,629	12% below HPI

3 LACHMAN ROAD 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 five 3 LACHMAN ROAD sales between July 1999 and October 2018 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 October 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 LACHMAN ROAD be worth now?

3 LACHMAN ROAD might now be worth an estimated £211,071.

This is based on house price inflation of 32.5%, between October 2018 and February 2025, 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 32.5% inflationary increase is applied to the most recent sale price for 3 LACHMAN ROAD of £159,250 on 26th October 2018. For the value to have increased from £159,250 to £211,071 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 LACHMAN ROAD has moved in line with the HPI for detached houses in the Pendle local authority area.
• The October 2018 sale price of £159,250 represented a fair market value for the property.
• The size, condition, and specification of 3 LACHMAN ROAD has not materially changed since October 2018.

How Large is 3 LACHMAN ROAD?

3 LACHMAN ROAD is 63m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses houses in Trawden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trawden, and where 3 LACHMAN ROAD lies on this distribution: 6% of detached houses houses are smaller than 3 LACHMAN ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Trawden.

3 LACHMAN ROAD: Plot and Title Map

3 LACHMAN ROAD sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 3 LACHMAN ROAD, 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 3 LACHMAN ROAD). 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 3 LACHMAN ROAD?

3 LACHMAN ROAD is located in TRAWDEN, in the BB8 postcode district. The below map shows the position of No. 3 on LACHMAN ROAD.