18, PRIORY CHASE, NELSON, BB9 0NT - £111,000

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.

18 PRIORY CHASE is a very small semi-detached house of 68m², built sometime between 2003 and 2006, which could now be worth an estimated £167,594. It was last sold for £111,000 in August 2017, which was around 6% below the average August 2017 semi-detached price in the Pendle local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

18 PRIORY CHASE Sold Prices

Land registry data shows two sales for 18 PRIORY CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. One of the two 18 PRIORY CHASE sales was for below the average price, whilst the other was 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
2017 31 AUG	£111,000	£118,570	6% below HPI
2004 3 NOV	£97,000	£67,045	45% above HPI

18 PRIORY CHASE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Pendle local authority area over time, sourced from the HPI. The two 18 PRIORY CHASE sales from November 2004 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 November 2004 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the August 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 18 PRIORY CHASE be worth now?

18 PRIORY CHASE might now be worth an estimated £167,594.

This is based on house price inflation of 51%, between August 2017 and April 2026, for semi-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 51% inflationary increase is applied to the most recent sale price for 18 PRIORY CHASE of £111,000 on 31st August 2017. For the value to have increased from £111,000 to £167,594 over the nine years and four months to April 2026, the following assumptions must hold true:

• The value of 18 PRIORY CHASE has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The August 2017 sale price of £111,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PRIORY CHASE has not materially changed since August 2017.

How Large is 18 PRIORY CHASE?

18 PRIORY CHASE is 68m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of semi-detached houses houses in Nelson, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nelson, and where 18 PRIORY CHASE lies on this distribution: 3% of semi-detached houses houses are smaller than 18 PRIORY CHASE, and 97% of houses are larger. Note that EPC data is not available for all properties in Nelson.

18 PRIORY CHASE: Plot and Title Map

18 PRIORY CHASE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 18 PRIORY CHASE, 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 18 PRIORY CHASE). 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 18 PRIORY CHASE?

18 PRIORY CHASE is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 18 on PRIORY CHASE.