9, BACK LANE, TRAWDEN, COLNE, BB8 8PQ - £135,000

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.

9 BACK LANE is a very small terraced house of 65m², built sometime before 1900, which could now be worth an estimated £257,923. It was last sold for £135,000 in July 2012, which was around 94% above the average July 2012 terraced price in the Pendle local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

9 BACK LANE Sold Prices

Land registry data shows two sales for 9 BACK LANE 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 9 BACK LANE 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
2012 27 JUL	£135,000	£69,608	94% above HPI
1998 3 APR	£49,000	£24,639	99% above HPI

9 BACK LANE 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 9 BACK LANE sales from April 1998 and July 2012 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 April 1998 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the July 2012 sale, where it falls to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might 9 BACK LANE be worth now?

9 BACK LANE might now be worth an estimated £257,923.

This is based on house price inflation of 91.1%, between July 2012 and May 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 91.1% inflationary increase is applied to the most recent sale price for 9 BACK LANE of £135,000 on 27th July 2012. For the value to have increased from £135,000 to £257,923 over the fourteen years and two months to May 2026, the following assumptions must hold true:

• The value of 9 BACK LANE has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The July 2012 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 9 BACK LANE has not materially changed since July 2012.

How Large is 9 BACK LANE?

9 BACK LANE is 65m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of terraced houses houses in Trawden, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Trawden, and where 9 BACK LANE lies on this distribution: 9% of terraced houses houses are smaller than 9 BACK LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Trawden.

9 BACK LANE: Plot and Title Map

9 BACK LANE sits on a plot of roughly 0.019 of an acre, or 76m². The below map shows the location of 9 BACK LANE, 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 9 BACK LANE). 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 9 BACK LANE?

9 BACK LANE is located in TRAWDEN, in the BB8 postcode district. The below map shows the position of No. 9 on BACK LANE.