38, LOWTHWAITE DRIVE, NELSON, BB9 0SU - £155,000

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

38 LOWTHWAITE DRIVE is a very large extended detached house of 166m², built sometime between 1967 and 1975. It was last sold for £155,000 in August 2020, which was around 24% below the average August 2020 detached price in the Pendle local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

38 LOWTHWAITE DRIVE Sold Prices

Land registry data shows three sales for 38 LOWTHWAITE DRIVE 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. Two of the three 38 LOWTHWAITE DRIVE sales were for below the average price, whilst one was 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
2020 7 AUG	£155,000	£203,742	24% below HPI
2007 10 JAN	£152,000	£169,221	10% below HPI
2003 12 DEC	£117,000	£92,104	27% above HPI

38 LOWTHWAITE DRIVE 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 38 LOWTHWAITE DRIVE sales between December 2003 and August 2020 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 January 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 38 LOWTHWAITE DRIVE?

38 LOWTHWAITE DRIVE is 166m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses in Nelson, based on EPC data. The below chart shows the distribution of detached houses by size in Nelson, and where 38 LOWTHWAITE DRIVE lies on this distribution: 91% of detached houses are smaller than 38 LOWTHWAITE DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Nelson.

38 LOWTHWAITE DRIVE: Plot and Title Map

38 LOWTHWAITE DRIVE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 38 LOWTHWAITE DRIVE, 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 38 LOWTHWAITE DRIVE). 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 38 LOWTHWAITE DRIVE?

38 LOWTHWAITE DRIVE is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 38 on LOWTHWAITE DRIVE.