31, LANCASTER GATE, NELSON, BB9 0AP - £100,000

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.

31 LANCASTER GATE is a very small extended terraced house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £146,515. It was last sold for £100,000 in October 2018, which was around 11% above the average October 2018 terraced price in the Pendle local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

31 LANCASTER GATE Sold Prices

Land registry data shows two sales for 31 LANCASTER GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Pendle local authority area for the corresponding sale date. Both of the two 31 LANCASTER GATE 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
2018 29 OCT	£100,000	£90,393	11% above HPI
2007 8 JUN	£117,500	£87,362	34% above HPI

31 LANCASTER GATE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Pendle local authority area over time, sourced from the HPI. The two 31 LANCASTER GATE sales from June 2007 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 June 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 31 LANCASTER GATE be worth now?

31 LANCASTER GATE might now be worth an estimated £146,515.

This is based on house price inflation of 46.5%, between October 2018 and April 2026, for terraced 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 46.5% inflationary increase is applied to the most recent sale price for 31 LANCASTER GATE of £100,000 on 29th October 2018. For the value to have increased from £100,000 to £146,515 over the eight years and six months to April 2026, the following assumptions must hold true:

• The value of 31 LANCASTER GATE has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The October 2018 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LANCASTER GATE has not materially changed since October 2018.

How Large is 31 LANCASTER GATE?

31 LANCASTER GATE is 72m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of terraced houses houses in Nelson, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Nelson, and where 31 LANCASTER GATE lies on this distribution: 6% of terraced houses houses are smaller than 31 LANCASTER GATE, and 94% of houses are larger. Note that EPC data is not available for all properties in Nelson.

31 LANCASTER GATE: Plot and Title Map

31 LANCASTER GATE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 31 LANCASTER GATE, 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 31 LANCASTER GATE). 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 31 LANCASTER GATE?

31 LANCASTER GATE is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 31 on LANCASTER GATE.