41, LANCASTER GATE, NELSON, BB9 0AP - £60,000

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

41 LANCASTER GATE is a very large extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £60,000 in April 2000, which was around 7% below the average April 2000 detached price in the Pendle local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was B.

41 LANCASTER GATE Sold Prices

Land registry data shows two sales for 41 LANCASTER GATE 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 41 LANCASTER GATE sales were 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
2000 26 APR	£60,000	£64,258	7% below HPI
1999 12 FEB	£59,950	£60,397	1% below HPI

41 LANCASTER GATE 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 41 LANCASTER GATE sales from February 1999 and April 2000 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 February 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2000 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 41 LANCASTER GATE?

41 LANCASTER GATE is 144m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 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 41 LANCASTER GATE lies on this distribution: 82% of detached houses are smaller than 41 LANCASTER GATE, and 18% of houses are larger. Note that EPC data is not available for all properties in Nelson.

41 LANCASTER GATE: Plot and Title Map

41 LANCASTER GATE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 41 LANCASTER GATE, 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 41 LANCASTER GATE). 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 41 LANCASTER GATE?

41 LANCASTER GATE is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 41 on LANCASTER GATE.