31, DOVER STREET, NELSON, BB9 7RF - £50,000

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.

31 DOVER STREET is a very small terraced house of 63m², built sometime between 1900 and 1929, which could now be worth an estimated £95,163. It was last sold for £50,000 in November 2011, which was around 28% below the average November 2011 terraced price in the Pendle local authority area. The most recent EPC inspection was October 2013, where the current energy rating was F, and the potential energy rating was A.

31 DOVER STREET Sold Prices

Land registry data shows two sales for 31 DOVER STREET 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 31 DOVER STREET 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
2011 3 NOV	£50,000	£69,874	28% below HPI
1996 19 JAN	£16,000	£24,793	35% below HPI

31 DOVER STREET 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 31 DOVER STREET sales from January 1996 and November 2011 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 January 1996 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2011 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 31 DOVER STREET be worth now?

31 DOVER STREET might now be worth an estimated £95,163.

This is based on house price inflation of 90.3%, between November 2011 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 90.3% inflationary increase is applied to the most recent sale price for 31 DOVER STREET of £50,000 on 3rd November 2011. For the value to have increased from £50,000 to £95,163 over the fifteen years and six months to May 2026, the following assumptions must hold true:

• The value of 31 DOVER STREET has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The November 2011 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 31 DOVER STREET has not materially changed since November 2011.

How Large is 31 DOVER STREET?

31 DOVER STREET is 63m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of terraced houses in Nelson, based on EPC data. The below chart shows the distribution of terraced houses by size in Nelson, and where 31 DOVER STREET lies on this distribution: 8% of terraced houses are smaller than 31 DOVER STREET, and 91% of terraced houses are larger. Note that EPC data is not available for all properties in Nelson.

Where is 31 DOVER STREET?

31 DOVER STREET is located in NELSON, in the BB9 postcode district.