8, TALBOT ROAD, ACCRINGTON, BB5 5EW - £249,000

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 TALBOT ROAD is a very large detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £391,751. It was last sold for £249,000 in May 2010, which was around 62% above the average May 2010 detached price in the Hyndburn local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

8 TALBOT ROAD Sold Prices

Land registry data shows two sales for 8 TALBOT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hyndburn local authority area for the corresponding sale date. Both of the two 8 TALBOT ROAD 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
2010 7 MAY	£249,000	£153,735	62% above HPI
2007 4 SEP	£220,000	£178,625	23% above HPI

8 TALBOT ROAD 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 two 8 TALBOT ROAD sales from September 2007 and May 2010 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 September 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2010 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 8 TALBOT ROAD be worth now?

8 TALBOT ROAD might now be worth an estimated £391,751.

This is based on house price inflation of 57.3%, between May 2010 and May 2026, for detached 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 57.3% inflationary increase is applied to the most recent sale price for 8 TALBOT ROAD of £249,000 on 7th May 2010. For the value to have increased from £249,000 to £391,751 over the sixteen years to May 2026, the following assumptions must hold true:

• The value of 8 TALBOT ROAD has moved in line with the HPI for detached houses in the Hyndburn local authority area.
• The May 2010 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TALBOT ROAD has not materially changed since May 2010.

How Large is 8 TALBOT ROAD?

8 TALBOT ROAD is 140m² according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses in Accrington, based on EPC data. The below chart shows the distribution of detached houses by size in Accrington, and where 8 TALBOT ROAD lies on this distribution: 85% of detached houses are smaller than 8 TALBOT ROAD, and 15% of detached houses are larger. Note that EPC data is not available for all properties in Accrington.

Where is 8 TALBOT ROAD?

8 TALBOT ROAD is located in ACCRINGTON, in the BB5 postcode district.