3, HOLLINS LANE, ACCRINGTON, BB5 2LY - £125,000

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.

3 HOLLINS LANE is a very small terraced house of 77m², built sometime before 1900, which could now be worth an estimated £143,692. It was last sold for £125,000 in June 2021, which was around 34% above the average June 2021 terraced price in the Hyndburn local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

3 HOLLINS LANE Sold Prices

Land registry data shows three sales for 3 HOLLINS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Hyndburn local authority area for the corresponding sale date. All of the three 3 HOLLINS 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
2021 18 JUN	£125,000	£93,448	34% above HPI
2013 9 AUG	£111,000	£69,432	60% above HPI
1998 16 JAN	£50,000	£23,784	110% above HPI

3 HOLLINS LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hyndburn local authority area over time, sourced from the HPI. The three 3 HOLLINS LANE sales between January 1998 and June 2021 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 2013 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the June 2021 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 3 HOLLINS LANE be worth now?

3 HOLLINS LANE might now be worth an estimated £143,692.

This is based on house price inflation of 15%, between June 2021 and June 2025, for terraced 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 15% inflationary increase is applied to the most recent sale price for 3 HOLLINS LANE of £125,000 on 18th June 2021. For the value to have increased from £125,000 to £143,692 over the four years to June 2025, the following assumptions must hold true:

• The value of 3 HOLLINS LANE has moved in line with the HPI for terraced houses in the Hyndburn local authority area.
• The June 2021 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HOLLINS LANE has not materially changed since June 2021.

How Large is 3 HOLLINS LANE?

3 HOLLINS LANE is 77m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of terraced houses houses in Accrington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Accrington, and where 3 HOLLINS LANE lies on this distribution: 17% of terraced houses houses are smaller than 3 HOLLINS LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Accrington.

3 HOLLINS LANE: Plot and Title Map

3 HOLLINS LANE sits on a plot of roughly 0.012 of an acre, or 50m². The below map shows the location of 3 HOLLINS 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 3 HOLLINS 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 3 HOLLINS LANE?

3 HOLLINS LANE is located in ACCRINGTON, in the BB5 postcode district. The below map shows the position of No. 3 on HOLLINS LANE.