5, BANKS BRIDGE CLOSE, BARNOLDSWICK, BB18 6YP - £279,950

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.

5 BANKS BRIDGE CLOSE is a small detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £381,440. It was last sold for £279,950 in June 2019, which was around 39% above the average June 2019 detached price in the Pendle local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

5 BANKS BRIDGE CLOSE Sold Prices

Land registry data shows four sales for 5 BANKS BRIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the four 5 BANKS BRIDGE CLOSE 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
2019 11 JUN	£279,950	£200,895	39% above HPI
2002 21 JUN	£127,950	£74,289	72% above HPI
1998 19 OCT	£92,000	£61,355	50% above HPI
1995 19 MAY	£105,000	£56,683	85% above HPI

5 BANKS BRIDGE CLOSE 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 four 5 BANKS BRIDGE CLOSE sales between May 1995 and June 2019 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 2002 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the June 2019 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 5 BANKS BRIDGE CLOSE be worth now?

5 BANKS BRIDGE CLOSE might now be worth an estimated £381,440.

This is based on house price inflation of 36.3%, between June 2019 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 36.3% inflationary increase is applied to the most recent sale price for 5 BANKS BRIDGE CLOSE of £279,950 on 11th June 2019. For the value to have increased from £279,950 to £381,440 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 5 BANKS BRIDGE CLOSE has moved in line with the HPI for detached houses in the Pendle local authority area.
• The June 2019 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 5 BANKS BRIDGE CLOSE has not materially changed since June 2019.

How Large is 5 BANKS BRIDGE CLOSE?

5 BANKS BRIDGE CLOSE is 97m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% 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 5 BANKS BRIDGE CLOSE lies on this distribution: 38% of detached houses houses are smaller than 5 BANKS BRIDGE CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Barnoldswick.

5 BANKS BRIDGE CLOSE: Plot and Title Map

5 BANKS BRIDGE CLOSE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 5 BANKS BRIDGE CLOSE, 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 5 BANKS BRIDGE CLOSE). 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 5 BANKS BRIDGE CLOSE?

5 BANKS BRIDGE CLOSE is located in BARNOLDSWICK, in the BB18 postcode district. The below map shows the position of No. 5 on BANKS BRIDGE CLOSE.