2, WOOLEY LANE, ACCRINGTON, BB5 2XB - £298,000

2 WOOLEY LANE is a midsized detached house of 101m², built sometime between 1976 and 1982. It was last sold for £298,000 in February 2023, which was around 28% above the average February 2023 detached price in the Hyndburn local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

2 WOOLEY LANE Sold Prices

Land registry data shows two sales for 2 WOOLEY LANE 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 2 WOOLEY LANE 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
2023 17 FEB	£298,000	£233,417	28% above HPI
2003 12 SEP	£174,000	£87,919	98% above HPI

2 WOOLEY LANE 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 2 WOOLEY LANE sales from September 2003 and February 2023 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 September 2003 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the February 2023 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 2 WOOLEY LANE?

2 WOOLEY LANE is 101m² according to the EPC inspection conducted in November 2022. This puts it in the largest 50% of detached houses in Accrington, based on EPC data. The below chart shows the distribution of detached houses by size in Accrington, and where 2 WOOLEY LANE lies on this distribution: 50% of detached houses are smaller than 2 WOOLEY LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Accrington.

2 WOOLEY LANE: Plot and Title Map

2 WOOLEY LANE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 2 WOOLEY LANE, 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 2 WOOLEY LANE). 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 2 WOOLEY LANE?

2 WOOLEY LANE is located in ACCRINGTON, in the BB5 postcode district. The below map shows the position of No. 2 on WOOLEY LANE.