37, NEW LANE, OSWALDTWISTLE, ACCRINGTON, BB5 3PH - £119,950

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.

37 NEW LANE is a very small extended terraced house of 82m², built sometime before 1900, which could now be worth an estimated £149,196. It was last sold for £119,950 in July 2021, which was around 24% above the average July 2021 terraced price in the Hyndburn local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

37 NEW LANE Sold Prices

Land registry data shows three sales for 37 NEW 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. One of the three 37 NEW LANE sales was for above the average price, whilst two 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
2021 23 JUL	£119,950	£96,743	24% above HPI
2020 9 OCT	£70,000	£81,449	14% below HPI
2016 21 DEC	£62,500	£75,474	17% below HPI

37 NEW 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 37 NEW LANE sales between December 2016 and July 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 October 2020 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 37 NEW LANE be worth now?

37 NEW LANE might now be worth an estimated £149,196.

This is based on house price inflation of 24.4%, between July 2021 and May 2026, 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 24.4% inflationary increase is applied to the most recent sale price for 37 NEW LANE of £119,950 on 23rd July 2021. For the value to have increased from £119,950 to £149,196 over the five years and two months to May 2026, the following assumptions must hold true:

• The value of 37 NEW LANE has moved in line with the HPI for terraced houses in the Hyndburn local authority area.
• The July 2021 sale price of £119,950 represented a fair market value for the property.
• The size, condition, and specification of 37 NEW LANE has not materially changed since July 2021.

How Large is 37 NEW LANE?

37 NEW LANE is 82m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of terraced houses houses in Oswaldtwistle, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oswaldtwistle, and where 37 NEW LANE lies on this distribution: 16% of terraced houses houses are smaller than 37 NEW LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Oswaldtwistle.

37 NEW LANE: Plot and Title Map

37 NEW LANE sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 37 NEW 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 37 NEW 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 37 NEW LANE?

37 NEW LANE is located in OSWALDTWISTLE, in the BB5 postcode district. The below map shows the position of No. 37 on NEW LANE.