14, BENT LANE, COLNE, BB8 7AA - £242,500

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.

14 BENT LANE is a large extended terraced house of 154m², built sometime between 1950 and 1966, which could now be worth an estimated £456,719. It was last sold for £242,500 in May 2013, which was around 243% above the average May 2013 terraced price in the Pendle local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.

14 BENT LANE Sold Prices

Land registry data shows two sales for 14 BENT LANE 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. Both of the two 14 BENT LANE 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
2013 31 MAY	£242,500	£70,612	243% above HPI
2000 5 MAY	£78,500	£27,707	183% above HPI

14 BENT LANE 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 14 BENT LANE sales from May 2000 and May 2013 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 May 2000 sale was for 183% above the HPI. So the extrapolation line tracks at 183% above the HPI over time, until the May 2013 sale, where it rises to 243% above the HPI. The line then continues to track at 243% above the HPI.

What might 14 BENT LANE be worth now?

14 BENT LANE might now be worth an estimated £456,719.

This is based on house price inflation of 88.3%, between May 2013 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 88.3% inflationary increase is applied to the most recent sale price for 14 BENT LANE of £242,500 on 31st May 2013. For the value to have increased from £242,500 to £456,719 over the thirteen years to May 2026, the following assumptions must hold true:

• The value of 14 BENT LANE has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The May 2013 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 14 BENT LANE has not materially changed since May 2013.

How Large is 14 BENT LANE?

14 BENT LANE is 154m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 30% 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 14 BENT LANE lies on this distribution: 76% of terraced houses houses are smaller than 14 BENT LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Colne.

14 BENT LANE: Plot and Title Map

14 BENT LANE sits on a plot of roughly 0.265 of an acre, or 1,072m². The below map shows the location of 14 BENT LANE, 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 14 BENT LANE). 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 14 BENT LANE?

14 BENT LANE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 14 on BENT LANE.