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 LOWTHWAITE DRIVE is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £131,500 in January 2021, which was around 39% below the average January 2021 detached price in the Pendle local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 41 LOWTHWAITE DRIVE since 1st 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 LOWTHWAITE DRIVE 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 |
---|---|---|---|
2021 29 JAN | £131,500 | £215,582 | 39% below HPI |
2014 29 AUG | £108,000 | £175,867 | 39% below HPI |
The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The two 41 LOWTHWAITE DRIVE sales from August 2014 and January 2021 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 August 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2021 sale, which was also at 39% below the HPI.
41 LOWTHWAITE DRIVE is 75m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% 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 LOWTHWAITE DRIVE lies on this distribution: 7% of detached houses are smaller than 41 LOWTHWAITE DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Nelson.
41 LOWTHWAITE DRIVE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 41 LOWTHWAITE 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 41 LOWTHWAITE 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.
41 LOWTHWAITE DRIVE is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 41 on LOWTHWAITE DRIVE.