49, PINEWOOD DRIVE, NELSON, BB9 0WB - £305,000

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.

49 PINEWOOD DRIVE is a large extended detached house of 142m², built sometime between 2003 and 2006, which could now be worth an estimated £327,972. It was last sold for £305,000 in December 2022, which was around 12% above the average December 2022 detached price in the Pendle local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

49 PINEWOOD DRIVE Sold Prices

Land registry data shows two sales for 49 PINEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two 49 PINEWOOD DRIVE 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
2022 12 DEC	£305,000	£272,774	12% above HPI
2006 19 JUN	£240,000	£159,830	50% above HPI

49 PINEWOOD DRIVE 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 two 49 PINEWOOD DRIVE sales from June 2006 and December 2022 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 2006 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the December 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 49 PINEWOOD DRIVE be worth now?

49 PINEWOOD DRIVE might now be worth an estimated £327,972.

This is based on house price inflation of 7.5%, between December 2022 and May 2026, for detached 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 7.5% inflationary increase is applied to the most recent sale price for 49 PINEWOOD DRIVE of £305,000 on 12th December 2022. For the value to have increased from £305,000 to £327,972 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 49 PINEWOOD DRIVE has moved in line with the HPI for detached houses in the Pendle local authority area.
• The December 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 49 PINEWOOD DRIVE has not materially changed since December 2022.

How Large is 49 PINEWOOD DRIVE?

49 PINEWOOD DRIVE is 142m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 30% of detached houses houses in Nelson, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nelson, and where 49 PINEWOOD DRIVE lies on this distribution: 79% of detached houses houses are smaller than 49 PINEWOOD DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Nelson.

49 PINEWOOD DRIVE: Plot and Title Map

49 PINEWOOD DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 49 PINEWOOD DRIVE, 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 49 PINEWOOD DRIVE). 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 49 PINEWOOD DRIVE?

49 PINEWOOD DRIVE is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 49 on PINEWOOD DRIVE.