5, THE PADDOCK, OSWALDTWISTLE, ACCRINGTON, BB5 3AB - £198,500

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 THE PADDOCK is a very large detached house of 158m², built sometime between 1996 and 2002, which could now be worth an estimated £299,113. It was last sold for £198,500 in May 2019, which was around 22% above the average May 2019 detached price in the Hyndburn local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

5 THE PADDOCK Sold Prices

Land registry data shows three sales for 5 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hyndburn local authority area for the corresponding sale date. All of the three 5 THE PADDOCK 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
2019 24 MAY	£198,500	£163,282	22% above HPI
2005 1 JUL	£185,000	£134,692	37% above HPI
1997 20 MAR	£69,950	£56,839	23% above HPI

5 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hyndburn local authority area over time, sourced from the HPI. The three 5 THE PADDOCK sales between March 1997 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 July 2005 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2019 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 5 THE PADDOCK be worth now?

5 THE PADDOCK might now be worth an estimated £299,113.

This is based on house price inflation of 50.7%, between May 2019 and April 2026, for detached 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 50.7% inflationary increase is applied to the most recent sale price for 5 THE PADDOCK of £198,500 on 24th May 2019. For the value to have increased from £198,500 to £299,113 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 5 THE PADDOCK has moved in line with the HPI for detached houses in the Hyndburn local authority area.
• The May 2019 sale price of £198,500 represented a fair market value for the property.
• The size, condition, and specification of 5 THE PADDOCK has not materially changed since May 2019.

How Large is 5 THE PADDOCK?

5 THE PADDOCK is 158m² according to the EPC inspection conducted in October 2011. This puts it in the largest 10% of detached houses houses in Oswaldtwistle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oswaldtwistle, and where 5 THE PADDOCK lies on this distribution: 91% of detached houses houses are smaller than 5 THE PADDOCK, and 9% of houses are larger. Note that EPC data is not available for all properties in Oswaldtwistle.

5 THE PADDOCK: Plot and Title Map

5 THE PADDOCK sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 5 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

5 THE PADDOCK is located in OSWALDTWISTLE, in the BB5 postcode district. The below map shows the position of No. 5 on THE PADDOCK.