127, SKIPTON ROAD, COLNE, BB8 0NY - £120,500

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.

127 SKIPTON ROAD is a very small terraced house of 88m², built sometime between 1900 and 1929, which could now be worth an estimated £192,467. It was last sold for £120,500 in July 2016, which was around 45% above the average July 2016 terraced price in the Pendle local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

127 SKIPTON ROAD Sold Prices

Land registry data shows two sales for 127 SKIPTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Pendle local authority area for the corresponding sale date. One of the two 127 SKIPTON ROAD sales was for above the average price, whilst the other was 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
2016 8 JUL	£120,500	£83,262	45% above HPI
2015 17 APR	£65,000	£74,333	13% below HPI

127 SKIPTON ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Pendle local authority area over time, sourced from the HPI. The two 127 SKIPTON ROAD sales from April 2015 and July 2016 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 April 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2016 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 127 SKIPTON ROAD be worth now?

127 SKIPTON ROAD might now be worth an estimated £192,467.

This is based on house price inflation of 59.7%, between July 2016 and May 2026, for terraced 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 59.7% inflationary increase is applied to the most recent sale price for 127 SKIPTON ROAD of £120,500 on 8th July 2016. For the value to have increased from £120,500 to £192,467 over the ten years and two months to May 2026, the following assumptions must hold true:

• The value of 127 SKIPTON ROAD has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The July 2016 sale price of £120,500 represented a fair market value for the property.
• The size, condition, and specification of 127 SKIPTON ROAD has not materially changed since July 2016.

How Large is 127 SKIPTON ROAD?

127 SKIPTON ROAD is 88m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of terraced houses houses in Colne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colne, and where 127 SKIPTON ROAD lies on this distribution: 13% of terraced houses houses are smaller than 127 SKIPTON ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Colne.

127 SKIPTON ROAD: Plot and Title Map

127 SKIPTON ROAD sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 127 SKIPTON ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 127 SKIPTON ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 127 SKIPTON ROAD?

127 SKIPTON ROAD is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 127 on SKIPTON ROAD.