48, HOLMEFIELD GARDENS, BARROWFORD, NELSON, BB9 8NW - £225,000

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.

48 HOLMEFIELD GARDENS is a large detached house of 141m², built sometime between 1996 and 2002, which could now be worth an estimated £291,354. It was last sold for £225,000 in August 2020, which was around 6% above the average August 2020 detached price in the Pendle local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

48 HOLMEFIELD GARDENS Sold Prices

Land registry data shows three sales for 48 HOLMEFIELD GARDENS 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. All of the three 48 HOLMEFIELD GARDENS 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 5 AUG	£225,000	£211,386	6% above HPI
2011 8 APR	£185,000	£177,476	4% above HPI
2003 21 JAN	£98,500	£79,632	24% above HPI

48 HOLMEFIELD GARDENS 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 48 HOLMEFIELD GARDENS sales between January 2003 and August 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 April 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2020 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 48 HOLMEFIELD GARDENS be worth now?

48 HOLMEFIELD GARDENS might now be worth an estimated £291,354.

This is based on house price inflation of 29.5%, between August 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 29.5% inflationary increase is applied to the most recent sale price for 48 HOLMEFIELD GARDENS of £225,000 on 5th August 2020. For the value to have increased from £225,000 to £291,354 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 48 HOLMEFIELD GARDENS has moved in line with the HPI for detached houses in the Pendle local authority area.
• The August 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 48 HOLMEFIELD GARDENS has not materially changed since August 2020.

How Large is 48 HOLMEFIELD GARDENS?

48 HOLMEFIELD GARDENS is 141m² according to the EPC inspection conducted in August 2013. This puts it in the largest 40% 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 48 HOLMEFIELD GARDENS lies on this distribution: 61% of detached houses houses are smaller than 48 HOLMEFIELD GARDENS, and 39% of houses are larger. Note that EPC data is not available for all properties in Barrowford.

48 HOLMEFIELD GARDENS: Plot and Title Map

48 HOLMEFIELD GARDENS sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 48 HOLMEFIELD GARDENS, 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 48 HOLMEFIELD GARDENS). 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 48 HOLMEFIELD GARDENS?

48 HOLMEFIELD GARDENS is located in BARROWFORD, in the BB9 postcode district. The below map shows the position of No. 48 on HOLMEFIELD GARDENS.