3, LACHMAN ROAD, TRAWDEN, COLNE, BB8 8TA - £159,250

3 LACHMAN ROAD is a very small detached house of 63m², built sometime between 1991 and 1995. It was last sold for £159,250 in October 2018, which was around 20% below the average October 2018 detached price in the Pendle local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

3 LACHMAN ROAD Sold Prices

Land registry data shows five sales for 3 LACHMAN ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Most of the five 3 LACHMAN ROAD sales were for below 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
2018 26 OCT	£159,250	£199,054	20% below HPI
2006 27 OCT	£150,000	£159,677	6% below HPI
2005 16 DEC	£160,000	£139,117	15% above HPI
2003 22 AUG	£85,000	£92,679	8% below HPI
1999 16 JUL	£58,000	£63,256	8% below HPI

3 LACHMAN ROAD 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 five 3 LACHMAN ROAD sales between July 1999 and October 2018 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 October 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 LACHMAN ROAD?

3 LACHMAN ROAD is 63m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in Trawden, based on EPC data. The below chart shows the distribution of detached houses by size in Trawden, and where 3 LACHMAN ROAD lies on this distribution: 6% of detached houses are smaller than 3 LACHMAN ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Trawden.

3 LACHMAN ROAD: Plot and Title Map

3 LACHMAN ROAD sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 3 LACHMAN ROAD, 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 LACHMAN ROAD). 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 LACHMAN ROAD?

3 LACHMAN ROAD is located in TRAWDEN, in the BB8 postcode district. The below map shows the position of No. 3 on LACHMAN ROAD.