QUARRY BANK, STANHILL ROAD, OSWALDTWISTLE, ACCRINGTON, BB5 4PP - £555,000

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.

QUARRY BANK is a very large detached house of 183m², built sometime between 1900 and 1929, which could now be worth an estimated £574,637. It was last sold for £555,000 in July 2022, which was around 148% above the average July 2022 detached price in the Hyndburn local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

QUARRY BANK Sold Prices

Land registry data shows two sales for QUARRY BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hyndburn local authority area for the corresponding sale date. Both of the two QUARRY BANK 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 6 JUL	£555,000	£223,645	148% above HPI
2017 15 MAR	£475,000	£157,031	202% above HPI

QUARRY BANK 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 two QUARRY BANK sales from March 2017 and July 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 March 2017 sale was for 202% above the HPI. So the extrapolation line tracks at 202% above the HPI over time, until the July 2022 sale, where it falls to 148% above the HPI. The line then continues to track at 148% above the HPI.

What might QUARRY BANK be worth now?

QUARRY BANK might now be worth an estimated £574,637.

This is based on house price inflation of 3.5%, between July 2022 and February 2025, for detached houses, in the Hyndburn local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% inflationary increase is applied to the most recent sale price for QUARRY BANK of £555,000 on 6th July 2022. For the value to have increased from £555,000 to £574,637 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of QUARRY BANK has moved in line with the HPI for detached houses in the Hyndburn local authority area.
• The July 2022 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of QUARRY BANK has not materially changed since July 2022.

How Large is QUARRY BANK?

QUARRY BANK is 183m² according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses houses in Oswaldtwistle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oswaldtwistle, and where QUARRY BANK lies on this distribution: 95% of detached houses houses are smaller than QUARRY BANK, and 5% of houses are larger. Note that EPC data is not available for all properties in Oswaldtwistle.

QUARRY BANK: Plot and Title Map

QUARRY BANK sits on a plot of roughly 0.406 of an acre, or 1,642m². The below map shows the location of QUARRY BANK, 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 QUARRY BANK). 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 QUARRY BANK?

QUARRY BANK is located on STANHILL ROAD in OSWALDTWISTLE, in the BB5 postcode district. The below map shows the position of QUARRY BANK on STANHILL ROAD.