5, HALIFAX ROAD, NELSON, BB9 0ED - £42,500

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.

5 HALIFAX ROAD is a very small terraced house of 52m², built sometime before 1900, which could now be worth an estimated £65,773. It was last sold for £42,500 in May 2019, which was around 50% below the average May 2019 terraced price in the Pendle local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

5 HALIFAX ROAD Sold Prices

Land registry data shows two sales for 5 HALIFAX ROAD 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 5 HALIFAX 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
2019 13 MAY	£42,500	£85,577	50% below HPI
2006 12 OCT	£65,000	£76,872	15% below HPI

5 HALIFAX ROAD 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 5 HALIFAX ROAD sales from October 2006 and May 2019 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2019 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 5 HALIFAX ROAD be worth now?

5 HALIFAX ROAD might now be worth an estimated £65,773.

This is based on house price inflation of 54.8%, between May 2019 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 54.8% inflationary increase is applied to the most recent sale price for 5 HALIFAX ROAD of £42,500 on 13th May 2019. For the value to have increased from £42,500 to £65,773 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 5 HALIFAX ROAD has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The May 2019 sale price of £42,500 represented a fair market value for the property.
• The size, condition, and specification of 5 HALIFAX ROAD has not materially changed since May 2019.

How Large is 5 HALIFAX ROAD?

5 HALIFAX ROAD is 52m² according to the EPC inspection conducted in July 2021. 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 5 HALIFAX ROAD lies on this distribution: Less than 1% of terraced houses houses are smaller than 5 HALIFAX ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Nelson.

5 HALIFAX ROAD: Plot and Title Map

5 HALIFAX ROAD sits on a plot of roughly 0.012 of an acre, or 47m². The below map shows the location of 5 HALIFAX 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 5 HALIFAX 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 5 HALIFAX ROAD?

5 HALIFAX ROAD is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 5 on HALIFAX ROAD.