60, WILLOWS LANE, ACCRINGTON, BB5 0RT - £60,000

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.

60 WILLOWS LANE is a very large extended terraced house of 116m², built sometime between 1900 and 1929, which could now be worth an estimated £95,356. It was last sold for £60,000 in September 2009, which was around 21% below the average September 2009 terraced price in the Hyndburn local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

60 WILLOWS LANE Sold Prices

Land registry data shows three sales for 60 WILLOWS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Hyndburn local authority area for the corresponding sale date. All of the three 60 WILLOWS LANE 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
2009 14 SEP	£60,000	£75,715	21% below HPI
2004 20 FEB	£15,000	£41,729	64% below HPI
2000 29 FEB	£21,000	£26,735	21% below HPI

60 WILLOWS LANE 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 three 60 WILLOWS LANE sales between February 2000 and September 2009 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 February 2004 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the September 2009 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 60 WILLOWS LANE be worth now?

60 WILLOWS LANE might now be worth an estimated £95,356.

This is based on house price inflation of 58.9%, between September 2009 and May 2026, for terraced 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 58.9% inflationary increase is applied to the most recent sale price for 60 WILLOWS LANE of £60,000 on 14th September 2009. For the value to have increased from £60,000 to £95,356 over the seventeen years and four months to May 2026, the following assumptions must hold true:

• The value of 60 WILLOWS LANE has moved in line with the HPI for terraced houses in the Hyndburn local authority area.
• The September 2009 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 60 WILLOWS LANE has not materially changed since September 2009.

How Large is 60 WILLOWS LANE?

60 WILLOWS LANE is 116m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of terraced houses in Accrington, based on EPC data. The below chart shows the distribution of terraced houses by size in Accrington, and where 60 WILLOWS LANE lies on this distribution: 89% of terraced houses are smaller than 60 WILLOWS LANE, and 10% of terraced houses are larger. Note that EPC data is not available for all properties in Accrington.

Where is 60 WILLOWS LANE?

60 WILLOWS LANE is located in ACCRINGTON, in the BB5 postcode district.