SPRING BARN, SALTERFORTH LANE, SALTERFORTH, BARNOLDSWICK, BB18 5ST - £295,000

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.

SPRING BARN is a small detached house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £489,925. It was last sold for £295,000 in December 2015, which was around 68% above the average December 2015 detached price in the Pendle local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

SPRING BARN Sold Prices

Land registry data shows one sale for SPRING BARN since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Pendle local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 7 DEC	£295,000	£175,441	68% above HPI

What might SPRING BARN be worth now?

SPRING BARN might now be worth an estimated £489,925.

This is based on house price inflation of 66.1%, between December 2015 and April 2026, 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 66.1% inflationary increase is applied to the most recent sale price for SPRING BARN of £295,000 on 7th December 2015. For the value to have increased from £295,000 to £489,925 over the eleven years and eight months to April 2026, the following assumptions must hold true:

• The value of SPRING BARN has moved in line with the HPI for detached houses in the Pendle local authority area.
• The December 2015 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING BARN has not materially changed since December 2015.

How Large is SPRING BARN?

SPRING BARN is 100m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 30% of detached houses in Salterforth, based on EPC data. The below chart shows the distribution of detached houses by size in Salterforth, and where SPRING BARN lies on this distribution: 26% of detached houses are smaller than SPRING BARN, and 74% of detached houses are larger. Note that EPC data is not available for all properties in Salterforth.

SPRING BARN: Plot

SPRING BARN sits on a plot of roughly 0.021 of an acre, or 86m².

Where is SPRING BARN?

SPRING BARN is located on SALTERFORTH LANE in SALTERFORTH, in the BB18 postcode district.