Housing Market Analysis for SMITHY LANE, BB8 7LZ

Are you looking to understand BB8 7LZ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Pendle postcode.

For the location information and nearby amenities in the BB8 7LZ area, explore the BB8 7LZ Area information page.
For comprehensive crime statistics in the BB8 7LZ area, explore the BB8 7LZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BB8 7LZ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £391,860 median price is £476,800 Standard Deviation is £162,357 with Total Sold: 5
    • The Last 5 Year average price is £537,150 with Total Sold: 2
    • The most recent sale happened at this postcode is BLUE SLATE FARM SMITHY LANE: £476,800 (Sold on 04 Jun 2021)
    • The first recorded sale happened at this postcode is 3, HOBSTONES COTTAGES SMITHY LANE: £165,000 (Sold on 17 Sep 1999)
  • Other
    • The average price is around £525,000 median price is £525,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £525,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BLUE SLATE BARN SMITHY LANE: £525,000 (Sold on 07 Jan 2019)
    • The first recorded sale happened at this postcode is BLUE SLATE BARN SMITHY LANE: £525,000 (Sold on 07 Jan 2019)
  • Terraced
    • The average price is around £260,000 median price is £260,000 Standard Deviation is £110,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 3, HOBSTONES BARN SMITHY LANE: £370,000 (Sold on 18 Mar 2016)
    • The first recorded sale happened at this postcode is 2, HOBSTONES BARN SMITHY LANE: £150,000 (Sold on 21 Dec 2005)
  • Detached
    • The average price is around £144,333 median price is £141,000 Standard Deviation is £44,154 with Total Sold: 3
    • The Last 5 Year average price is £200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, HOBSTONES COTTAGES SMITHY LANE: £141,000 (Sold on 01 Nov 2001)
    • The first recorded sale happened at this postcode is 2, HOBSTONES COTTAGES SMITHY LANE: £200,000 (Sold on 15 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average BB8 7LZ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£537,150 £2,333 2
2008£480,000 £1,890 1
2002£240,000 £1,724 1
1999£165,000 £1,185 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£525,000 £2,067 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£370,000 £1,474 1
2005£150,000 £1,078 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£141,000 £1,741 1
1998£92,000 £1,136 1
2024£200,0001

All the Sales in the SMITHY LANE, BB8 7LZ

See the table below for more details on the sold house prices in the BB8 7LZ, Pendle postcode.

AddressSold DatePrice% Change
BLUE SLATE FARM SMITHY LANESemi-Detached, FreeholdArea: 206 Sq.mtrAge: before 190004 Jun 2021£476,800First Sale
BLUE SLATE BARN SMITHY LANESemi-Detached, FreeholdArea: 254 Sq.mtrAge: before 190020 Jan 2021£597,50013.81%
07 Jan 2019£525,0009.38%
04 Jul 2008£480,000First Sale
3, HOBSTONES BARN SMITHY LANETerraced, FreeholdArea: 251 Sq.mtrAge: before 190018 Mar 2016£370,000First Sale
2, HOBSTONES BARN SMITHY LANETerraced, FreeholdArea: 139.2 Sq.mtrAge: before 190021 Dec 2005£150,000First Sale
3, HOBSTONES COTTAGES SMITHY LANESemi-Detached, FreeholdArea: 139.2 Sq.mtrAge: before 190030 Aug 2002£240,00045.45%
17 Sep 1999£165,000First Sale
2, HOBSTONES COTTAGES SMITHY LANEDetached, FreeholdArea: 81 Sq.mtrAge: before 190001 Nov 2001£141,00053.26%
30 Jan 1998£92,000-54.00%
15 Mar 2024£200,000First Sale

Check out the sold house prices near the BB8 7LZ postcode. Properties currently for saleProperties currently for rent

SMITHY LANE, BB8 7LZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BB8 7LZ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the BB8 7LZ postcode.

  • Detached
    • The average price is around £330,193 median price is £315,000 Standard Deviation is £170,765 with Total Sold: 22
    • The Last 5 Year average price is £461,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 2, HOBSTONES COTTAGES SMITHY LANE: £200,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , GREAT HOUSE FARM RED LANE: £210,000 (Sold on 17 Feb 1997)
  • Semi-Detached
    • The average price is around £314,003 median price is £325,000 Standard Deviation is £135,376 with Total Sold: 15
    • The Last 5 Year average price is £537,150 with Total Sold: 2
    • The most recent sale happened at this postcode is , BLUE SLATE FARM SMITHY LANE: £476,800 (Sold on 04 Jun 2021)
    • The first recorded sale happened at this postcode is 2, GREAT HOUSE COTTAGE RED LANE: £99,500 (Sold on 06 Nov 1998)
  • Other
    • The average price is around £525,000 median price is £525,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £525,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , BLUE SLATE BARN SMITHY LANE: £525,000 (Sold on 07 Jan 2019)
    • The first recorded sale happened at this postcode is , BLUE SLATE BARN SMITHY LANE: £525,000 (Sold on 07 Jan 2019)
  • Terraced
    • The average price is around £131,244 median price is £104,225 Standard Deviation is £100,195 with Total Sold: 8
    • The most recent sale happened at this postcode is , 10 REEDYMOOR TERRACE: £167,500 (Sold on 09 Apr 2018)
    • The first recorded sale happened at this postcode is , 10 REEDYMOOR TERRACE: £44,000 (Sold on 02 Dec 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,0001
2022£750,000 £3,731 1
2019£435,000 £4,105 1
2015£373,250 £1,814 2
2014£518,667 £2,221 3
2013£290,000 £2,856 1
2011£327,000 £2,307 2
2009£580,0001
2008£272,2501
2005£350,0001
2003£180,000 £706 1
2002£213,0001
2001£141,000 £1,741 1
1999£340,000 £1,303 1
1998£115,500 £1,089 3
1997£210,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£537,150 £2,333 2
2018£400,000 £1,674 1
2016£200,000 £755 1
2015£425,000 £2,083 1
2012£325,000 £2,979 1
2008£480,000 £1,890 1
2004£260,000 £1,363 3
2003£341,250 £1,673 1
2002£240,000 £1,724 1
2001£180,0001
1999£165,000 £1,185 1
1998£99,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£525,000 £2,067 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£167,500 £2,094 1
2016£370,000 £1,474 1
2005£150,000 £1,078 1
2003£123,500 £1,816 1
2001£84,950 £1,249 1
2000£65,000 £305 1
1997£45,0001
1996£44,000 £550 1

House Type in BB8 7LZ area

The most common house types in the BB8 7LZ postcode area are Terraced (71), Semi-detached (38), and Detached (18).

Total127
Terraced71
Semi-detached38
Detached18
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright69
Owned: Owns with a mortgage or loan42
Private rented: Private landlord or letting agency8
Social rented: Other social rented3
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the BB8 7LZ have 2 people in household (54), and 1 person in household (31).

2 people in household54
1 person in household31
4 people in household23
3 people in household12
5 people in household5
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0