OLD CROFT BARN, FERNBANK AVENUE, BARNOLDSWICK, BB18 5JT - £330,000

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.

OLD CROFT BARN is a very large extended detached house of 201m², built sometime between 1983 and 1990, which could now be worth an estimated £523,846. It was last sold for £330,000 in October 2015, which was around 90% above the average October 2015 detached price in the Pendle local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

OLD CROFT BARN Sold Prices

Land registry data shows two sales for OLD CROFT BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two OLD CROFT BARN 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
2015 22 OCT	£330,000	£173,740	90% above HPI
2013 6 DEC	£275,000	£158,934	73% above HPI

OLD CROFT BARN 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 two OLD CROFT BARN sales from December 2013 and October 2015 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 December 2013 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the October 2015 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might OLD CROFT BARN be worth now?

OLD CROFT BARN might now be worth an estimated £523,846.

This is based on house price inflation of 58.7%, between October 2015 and March 2025, 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 58.7% inflationary increase is applied to the most recent sale price for OLD CROFT BARN of £330,000 on 22nd October 2015. For the value to have increased from £330,000 to £523,846 over the ten years and seven months to March 2025, the following assumptions must hold true:

• The value of OLD CROFT BARN has moved in line with the HPI for detached houses in the Pendle local authority area.
• The October 2015 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of OLD CROFT BARN has not materially changed since October 2015.

How Large is OLD CROFT BARN?

OLD CROFT BARN is 201m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses houses in Barnoldswick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnoldswick, and where OLD CROFT BARN lies on this distribution: 96% of detached houses houses are smaller than OLD CROFT BARN, and 4% of houses are larger. Note that EPC data is not available for all properties in Barnoldswick.

OLD CROFT BARN: Plot and Title Map

OLD CROFT BARN sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of OLD CROFT BARN, 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 OLD CROFT BARN). 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 OLD CROFT BARN?

OLD CROFT BARN is located on FERNBANK AVENUE in BARNOLDSWICK, in the BB18 postcode district. The below map shows the position of OLD CROFT BARN on FERNBANK AVENUE.