6, BANKS BRIDGE CLOSE, BARNOLDSWICK, BB18 6YP - £207,500

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.

6 BANKS BRIDGE CLOSE is a small extended detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £292,756. It was last sold for £207,500 in July 2018, which was around 7% above the average July 2018 detached price in the Pendle local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

6 BANKS BRIDGE CLOSE Sold Prices

Land registry data shows two sales for 6 BANKS BRIDGE CLOSE 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 6 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
2018 6 JUL	£207,500	£194,011	7% above HPI
1995 4 OCT	£75,500	£62,261	21% above HPI

6 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 two 6 BANKS BRIDGE CLOSE sales from October 1995 and July 2018 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 October 1995 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 6 BANKS BRIDGE CLOSE be worth now?

6 BANKS BRIDGE CLOSE might now be worth an estimated £292,756.

This is based on house price inflation of 41.1%, between July 2018 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 41.1% inflationary increase is applied to the most recent sale price for 6 BANKS BRIDGE CLOSE of £207,500 on 6th July 2018. For the value to have increased from £207,500 to £292,756 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 6 BANKS BRIDGE CLOSE has moved in line with the HPI for detached houses in the Pendle local authority area.
• The July 2018 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 6 BANKS BRIDGE CLOSE has not materially changed since July 2018.

How Large is 6 BANKS BRIDGE CLOSE?

6 BANKS BRIDGE CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% 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 6 BANKS BRIDGE CLOSE lies on this distribution: 25% of detached houses houses are smaller than 6 BANKS BRIDGE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Barnoldswick.

6 BANKS BRIDGE CLOSE: Plot and Title Map

6 BANKS BRIDGE CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 6 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 6 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 6 BANKS BRIDGE CLOSE?

6 BANKS BRIDGE CLOSE is located in BARNOLDSWICK, in the BB18 postcode district. The below map shows the position of No. 6 on BANKS BRIDGE CLOSE.