2, CASTERCLIFF BANK, COLNE, BB8 8DJ - £231,000

2 CASTERCLIFF BANK is a small detached house of 104m², built sometime between 1996 and 2002. It was last sold for £231,000 in October 2020, which was around 10% above the average October 2020 detached price in the Pendle local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

2 CASTERCLIFF BANK Sold Prices

Land registry data shows four sales for 2 CASTERCLIFF BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. The four 2 CASTERCLIFF BANK sales were a mix of above the average price, and roughly equal to 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
2020 2 OCT	£231,000	£209,822	10% above HPI
2015 16 JUL	£175,000	£175,335	Close to HPI
2003 17 APR	£140,000	£78,509	78% above HPI
2000 6 DEC	£89,995	£65,124	38% above HPI

2 CASTERCLIFF BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pendle local authority area over time, sourced from the HPI. The four 2 CASTERCLIFF BANK sales between December 2000 and October 2020 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 July 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 CASTERCLIFF BANK?

2 CASTERCLIFF BANK is 104m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where 2 CASTERCLIFF BANK lies on this distribution: 31% of detached houses are smaller than 2 CASTERCLIFF BANK, and 68% of houses are larger. Note that EPC data is not available for all properties in Colne.

2 CASTERCLIFF BANK: Plot and Title Map

2 CASTERCLIFF BANK sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 2 CASTERCLIFF BANK, 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 2 CASTERCLIFF BANK). 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 2 CASTERCLIFF BANK?

2 CASTERCLIFF BANK is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 2 on CASTERCLIFF BANK.