38, PINEWOOD DRIVE, NELSON, BB9 0WB - £132,000

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 PINEWOOD DRIVE is a large extended detached house of 141m², built sometime between 1996 and 2002. It was last sold for £132,000 in May 2018, which was around 32% below the average May 2018 detached price in the Pendle local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

38 PINEWOOD DRIVE Sold Prices

Land registry data shows two sales for 38 PINEWOOD DRIVE 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. One of the two 38 PINEWOOD DRIVE sales was for below the average price, whilst the other 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
2018 16 MAY	£132,000	£193,495	32% below HPI
2007 28 MAR	£250,000	£164,202	52% above HPI

38 PINEWOOD 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 two 38 PINEWOOD DRIVE sales from March 2007 and May 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 March 2007 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the May 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 38 PINEWOOD DRIVE?

38 PINEWOOD DRIVE is 141m², which includes one extension, according to the EPC inspection conducted in January 2016. 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 38 PINEWOOD DRIVE lies on this distribution: 77% of detached houses are smaller than 38 PINEWOOD DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Nelson.

38 PINEWOOD DRIVE: Plot and Title Map

38 PINEWOOD DRIVE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 38 PINEWOOD 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 PINEWOOD 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 PINEWOOD DRIVE?

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