4, BANKS HILL, BARNOLDSWICK, BB18 5XA - £385,000

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.

4 BANKS HILL is a large extended detached house of 138m², built sometime between 1976 and 1982, which could now be worth an estimated £471,380. It was last sold for £385,000 in November 2020, which was around 72% above the average November 2020 detached price in the Pendle local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

4 BANKS HILL Sold Prices

Land registry data shows two sales for 4 BANKS HILL 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 4 BANKS HILL sales were 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 18 NOV	£385,000	£223,565	72% above HPI
2014 30 JUN	£335,000	£168,517	99% above HPI

4 BANKS HILL 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 4 BANKS HILL sales from June 2014 and November 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 June 2014 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the November 2020 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 4 BANKS HILL be worth now?

4 BANKS HILL might now be worth an estimated £471,380.

This is based on house price inflation of 22.4%, between November 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 22.4% inflationary increase is applied to the most recent sale price for 4 BANKS HILL of £385,000 on 18th November 2020. For the value to have increased from £385,000 to £471,380 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 BANKS HILL has moved in line with the HPI for detached houses in the Pendle local authority area.
• The November 2020 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BANKS HILL has not materially changed since November 2020.

How Large is 4 BANKS HILL?

4 BANKS HILL is 138m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 30% of detached houses houses in Barnoldswick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnoldswick, and where 4 BANKS HILL lies on this distribution: 72% of detached houses houses are smaller than 4 BANKS HILL, and 27% of houses are larger. Note that EPC data is not available for all properties in Barnoldswick.

4 BANKS HILL: Plot and Title Map

4 BANKS HILL sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 4 BANKS HILL, 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 4 BANKS HILL). 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 4 BANKS HILL?

4 BANKS HILL is located in BARNOLDSWICK, in the BB18 postcode district. The below map shows the position of No. 4 on BANKS HILL.