8, ASHTON DRIVE, NELSON, BB9 0UA - £262,500

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.

8 ASHTON DRIVE is a midsized detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £367,084. It was last sold for £262,500 in February 2020, which was around 25% above the average February 2020 detached price in the Pendle local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

8 ASHTON DRIVE Sold Prices

Land registry data shows four sales for 8 ASHTON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the four 8 ASHTON 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
2020 11 FEB	£262,500	£209,751	25% above HPI
2012 19 JUL	£240,000	£155,629	54% above HPI
2007 25 JUN	£265,000	£183,708	44% above HPI
1999 28 MAY	£115,000	£62,792	83% above HPI

8 ASHTON 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 four 8 ASHTON DRIVE sales between May 1999 and February 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 July 2012 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 8 ASHTON DRIVE be worth now?

8 ASHTON DRIVE might now be worth an estimated £367,084.

This is based on house price inflation of 39.8%, between February 2020 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 39.8% inflationary increase is applied to the most recent sale price for 8 ASHTON DRIVE of £262,500 on 11th February 2020. For the value to have increased from £262,500 to £367,084 over the five years and nine months to May 2026, the following assumptions must hold true:

• The value of 8 ASHTON DRIVE has moved in line with the HPI for detached houses in the Pendle local authority area.
• The February 2020 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 8 ASHTON DRIVE has not materially changed since February 2020.

How Large is 8 ASHTON DRIVE?

8 ASHTON DRIVE is 120m² according to the EPC inspection conducted in October 2019. This puts it in the largest 50% 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 8 ASHTON DRIVE lies on this distribution: 51% of detached houses houses are smaller than 8 ASHTON DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Nelson.

8 ASHTON DRIVE: Plot and Title Map

8 ASHTON DRIVE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 8 ASHTON 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 8 ASHTON 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 8 ASHTON DRIVE?

8 ASHTON DRIVE is located in NELSON, in the BB9 postcode district. The below map shows the position of No. 8 on ASHTON DRIVE.