38, STONE EDGE ROAD, BARROWFORD, NELSON, BB9 6BB - £315,000

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.

38 STONE EDGE ROAD is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £431,300. It was last sold for £315,000 in June 2020, which was around 58% above the average June 2020 detached price in the Pendle local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

38 STONE EDGE ROAD Sold Prices

Land registry data shows two sales for 38 STONE EDGE ROAD 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 STONE EDGE ROAD sales was for above the average price, whilst the other was 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
2020 1 JUN	£315,000	£199,915	58% above HPI
2018 29 MAR	£190,000	£195,617	3% below HPI

38 STONE EDGE 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 two 38 STONE EDGE ROAD sales from March 2018 and June 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 March 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2020 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 38 STONE EDGE ROAD be worth now?

38 STONE EDGE ROAD might now be worth an estimated £431,300.

This is based on house price inflation of 36.9%, between June 2020 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 36.9% inflationary increase is applied to the most recent sale price for 38 STONE EDGE ROAD of £315,000 on 1st June 2020. For the value to have increased from £315,000 to £431,300 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 38 STONE EDGE ROAD has moved in line with the HPI for detached houses in the Pendle local authority area.
• The June 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 38 STONE EDGE ROAD has not materially changed since June 2020.

How Large is 38 STONE EDGE ROAD?

38 STONE EDGE ROAD is 80m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses houses in Barrowford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barrowford, and where 38 STONE EDGE ROAD lies on this distribution: 8% of detached houses houses are smaller than 38 STONE EDGE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Barrowford.

38 STONE EDGE ROAD: Plot and Title Map

38 STONE EDGE ROAD sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 38 STONE EDGE 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 38 STONE EDGE 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 38 STONE EDGE ROAD?

38 STONE EDGE ROAD is located in BARROWFORD, in the BB9 postcode district. The below map shows the position of No. 38 on STONE EDGE ROAD.