7, LOWERGATE ROAD, ACCRINGTON, BB5 6LN - £335,000

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.

7 LOWERGATE ROAD is a very large extended detached house of 167m², built sometime between 1950 and 1966, which could now be worth an estimated £470,375. It was last sold for £335,000 in November 2019, which was around 91% above the average November 2019 detached price in the Hyndburn local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

7 LOWERGATE ROAD Sold Prices

Land registry data shows two sales for 7 LOWERGATE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hyndburn local authority area for the corresponding sale date. Both of the two 7 LOWERGATE ROAD 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 29 NOV	£335,000	£175,232	91% above HPI
2007 23 NOV	£275,000	£173,619	58% above HPI

7 LOWERGATE ROAD 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 two 7 LOWERGATE ROAD sales from November 2007 and November 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 November 2007 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the November 2019 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 7 LOWERGATE ROAD be worth now?

7 LOWERGATE ROAD might now be worth an estimated £470,375.

This is based on house price inflation of 40.4%, between November 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 40.4% inflationary increase is applied to the most recent sale price for 7 LOWERGATE ROAD of £335,000 on 29th November 2019. For the value to have increased from £335,000 to £470,375 over the seven years and seven months to April 2026, the following assumptions must hold true:

• The value of 7 LOWERGATE ROAD has moved in line with the HPI for detached houses in the Hyndburn local authority area.
• The November 2019 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LOWERGATE ROAD has not materially changed since November 2019.

How Large is 7 LOWERGATE ROAD?

7 LOWERGATE ROAD is 167m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses houses in Huncoat, based on EPC data. The below chart shows the distribution of detached houses houses by size in Huncoat, and where 7 LOWERGATE ROAD lies on this distribution: 94% of detached houses houses are smaller than 7 LOWERGATE ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Huncoat.

7 LOWERGATE ROAD: Plot and Title Map

7 LOWERGATE ROAD sits on a plot of roughly 0.246 of an acre, or 997m². The below map shows the location of 7 LOWERGATE 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 7 LOWERGATE 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 7 LOWERGATE ROAD?

7 LOWERGATE ROAD is located in ACCRINGTON, in the BB5 postcode district. The below map shows the position of No. 7 on LOWERGATE ROAD.