8, BROADFIELD, OSWALDTWISTLE, ACCRINGTON, BB5 3RY - £160,000

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.

8 BROADFIELD is a very large extended terraced house of 106m², built sometime before 1900, which could now be worth an estimated £254,585. It was last sold for £160,000 in June 2017, which was around 112% above the average June 2017 terraced price in the Hyndburn local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

8 BROADFIELD Sold Prices

Land registry data shows four sales for 8 BROADFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Hyndburn local authority area for the corresponding sale date. All of the four 8 BROADFIELD 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
2017 9 JUN	£160,000	£75,625	112% above HPI
2006 9 JUN	£168,500	£74,416	126% above HPI
2005 13 APR	£164,950	£58,791	181% above HPI
2001 2 MAR	£59,000	£24,902	137% above HPI

8 BROADFIELD 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 four 8 BROADFIELD sales between March 2001 and June 2017 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 June 2006 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the June 2017 sale, where it falls to 112% above the HPI. The line then continues to track at 112% above the HPI.

What might 8 BROADFIELD be worth now?

8 BROADFIELD might now be worth an estimated £254,585.

This is based on house price inflation of 59.1%, between June 2017 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 59.1% inflationary increase is applied to the most recent sale price for 8 BROADFIELD of £160,000 on 9th June 2017. For the value to have increased from £160,000 to £254,585 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 8 BROADFIELD has moved in line with the HPI for terraced houses in the Hyndburn local authority area.
• The June 2017 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BROADFIELD has not materially changed since June 2017.

How Large is 8 BROADFIELD?

8 BROADFIELD is 106m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 20% of terraced houses in Oswaldtwistle, based on EPC data. The below chart shows the distribution of terraced houses by size in Oswaldtwistle, and where 8 BROADFIELD lies on this distribution: 85% of terraced houses are smaller than 8 BROADFIELD, and 14% of terraced houses are larger. Note that EPC data is not available for all properties in Oswaldtwistle.

Where is 8 BROADFIELD?

8 BROADFIELD is located in OSWALDTWISTLE, in the BB5 postcode district.