40, PRIORY CHASE, NELSON, BB9 0NT - £212,000

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

40 PRIORY CHASE is a very small extended detached house of 82m², built sometime between 2003 and 2006. It was last sold for £212,000 in February 2024, which was around 13% below the average February 2024 detached price in the Pendle local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

40 PRIORY CHASE Sold Prices

Land registry data shows three sales for 40 PRIORY CHASE 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 40 PRIORY CHASE 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
2024 12 FEB	£212,000	£244,654	13% below HPI
2007 21 DEC	£172,500	£183,425	6% below HPI
2004 22 DEC	£138,000	£111,616	24% above HPI

40 PRIORY CHASE 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 40 PRIORY CHASE sales between December 2004 and February 2024 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 December 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 40 PRIORY CHASE?

40 PRIORY CHASE is 82m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Nelson, based on EPC data. The below chart shows the distribution of detached houses by size in Nelson, and where 40 PRIORY CHASE lies on this distribution: 11% of detached houses are smaller than 40 PRIORY CHASE, and 88% of houses are larger. Note that EPC data is not available for all properties in Nelson.

40 PRIORY CHASE: Plot and Title Map

40 PRIORY CHASE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 40 PRIORY CHASE, 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 40 PRIORY CHASE). 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 40 PRIORY CHASE?

40 PRIORY CHASE is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 40 on PRIORY CHASE.