55, HIBSON ROAD, NELSON, BB9 0AE - £47,500

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.

55 HIBSON ROAD is a very small extended terraced house of 78m², built sometime before 1900, which could now be worth an estimated £68,843. It was last sold for £47,500 in September 2020, which was around 49% below the average September 2020 terraced price in the Pendle local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

55 HIBSON ROAD Sold Prices

Land registry data shows five sales for 55 HIBSON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Pendle local authority area for the corresponding sale date. Most of the five 55 HIBSON 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
2020 28 SEP	£47,500	£92,728	49% below HPI
2004 7 OCT	£50,000	£46,735	7% above HPI
2004 7 MAY	£28,000	£43,616	36% below HPI
2003 15 DEC	£14,500	£39,266	63% below HPI
2002 4 OCT	£8,000	£27,415	71% below HPI

55 HIBSON 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 five 55 HIBSON ROAD sales between October 2002 and September 2020 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 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 55 HIBSON ROAD be worth now?

55 HIBSON ROAD might now be worth an estimated £68,843.

This is based on house price inflation of 44.9%, between September 2020 and July 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 44.9% inflationary increase is applied to the most recent sale price for 55 HIBSON ROAD of £47,500 on 28th September 2020. For the value to have increased from £47,500 to £68,843 over the six years and two months to July 2026, the following assumptions must hold true:

• The value of 55 HIBSON ROAD has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The September 2020 sale price of £47,500 represented a fair market value for the property.
• The size, condition, and specification of 55 HIBSON ROAD has not materially changed since September 2020.

How Large is 55 HIBSON ROAD?

55 HIBSON ROAD is 78m², which includes two extensions, according to the EPC inspection conducted in May 2022. 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 55 HIBSON ROAD lies on this distribution: 8% of terraced houses houses are smaller than 55 HIBSON ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Nelson.

55 HIBSON ROAD: Plot and Title Map

55 HIBSON ROAD sits on a plot of roughly 0.799 of an acre, or 3,235m². The below map shows the location of 55 HIBSON 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 55 HIBSON 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 55 HIBSON ROAD?

55 HIBSON ROAD is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 55 on HIBSON ROAD.