HIGHER PARROCK COTTAGE, PARROCK ROAD, BARROWFORD, NELSON, BB9 6QF - £585,000

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.

HIGHER PARROCK COTTAGE is a large extended detached house of 170m², built sometime between 1976 and 1982, which could now be worth an estimated £601,569. It was last sold for £585,000 in August 2022, which was around 120% above the average August 2022 detached price in the Pendle local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was A.

HIGHER PARROCK COTTAGE Sold Prices

Land registry data shows three sales for HIGHER PARROCK COTTAGE 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 HIGHER PARROCK COTTAGE 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
2022 5 AUG	£585,000	£266,186	120% above HPI
2002 30 AUG	£200,000	£76,328	162% above HPI
2001 1 AUG	£169,950	£73,591	131% above HPI

HIGHER PARROCK COTTAGE 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 HIGHER PARROCK COTTAGE sales between August 2001 and August 2022 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 2002 sale was for 162% above the HPI. So the extrapolation line tracks at 162% above the HPI over time, until the August 2022 sale, where it falls to 120% above the HPI. The line then continues to track at 120% above the HPI.

What might HIGHER PARROCK COTTAGE be worth now?

HIGHER PARROCK COTTAGE might now be worth an estimated £601,569.

This is based on house price inflation of 2.8%, between August 2022 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 2.8% inflationary increase is applied to the most recent sale price for HIGHER PARROCK COTTAGE of £585,000 on 5th August 2022. For the value to have increased from £585,000 to £601,569 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of HIGHER PARROCK COTTAGE has moved in line with the HPI for detached houses in the Pendle local authority area.
• The August 2022 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHER PARROCK COTTAGE has not materially changed since August 2022.

How Large is HIGHER PARROCK COTTAGE?

HIGHER PARROCK COTTAGE is 170m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% 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 HIGHER PARROCK COTTAGE lies on this distribution: 76% of detached houses houses are smaller than HIGHER PARROCK COTTAGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Barrowford.

HIGHER PARROCK COTTAGE: Plot and Title Map

HIGHER PARROCK COTTAGE sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of HIGHER PARROCK COTTAGE, 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 HIGHER PARROCK COTTAGE). 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 HIGHER PARROCK COTTAGE?

HIGHER PARROCK COTTAGE is located on PARROCK ROAD in BARROWFORD, in the BB9 postcode district. The below map shows the position of HIGHER PARROCK COTTAGE on PARROCK ROAD.