8, SHERWOOD WAY, ACCRINGTON, BB5 5DB - £145,000

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

8 SHERWOOD WAY is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £145,000 in August 2017, which was around 14% below the average August 2017 detached price in the Hyndburn local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

8 SHERWOOD WAY Sold Prices

Land registry data shows four sales for 8 SHERWOOD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hyndburn local authority area for the corresponding sale date. Most of the four 8 SHERWOOD WAY 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
2017 18 AUG	£145,000	£168,431	14% below HPI
2006 16 MAR	£140,000	£143,426	2% below HPI
2001 20 JUL	£65,000	£71,147	9% below HPI
1997 12 DEC	£59,999	£59,196	1% above HPI

8 SHERWOOD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hyndburn local authority area over time, sourced from the HPI. The four 8 SHERWOOD WAY sales between December 1997 and August 2017 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 March 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 SHERWOOD WAY?

8 SHERWOOD WAY is 73m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Church, based on EPC data. The below chart shows the distribution of detached houses by size in Church, and where 8 SHERWOOD WAY lies on this distribution: 18% of detached houses are smaller than 8 SHERWOOD WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Church.

8 SHERWOOD WAY: Plot and Title Map

8 SHERWOOD WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 8 SHERWOOD WAY, 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 8 SHERWOOD WAY). 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 8 SHERWOOD WAY?

8 SHERWOOD WAY is located in ACCRINGTON, in the BB5 postcode district. The below map shows the position of No. 8 on SHERWOOD WAY.