2, FLOATS MILL, TRAWDEN, COLNE, BB8 8TJ - £242,000

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.

2 FLOATS MILL is a large terraced house of 133m², built sometime between 2007 and 2011, which could now be worth an estimated £255,393. It was last sold for £242,000 in January 2023, which was around 94% above the average January 2023 terraced price in the Pendle local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

2 FLOATS MILL Sold Prices

Land registry data shows two sales for 2 FLOATS MILL 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 2 FLOATS MILL 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
2023 31 JAN	£242,000	£124,586	94% above HPI
2014 3 FEB	£190,000	£73,370	159% above HPI

2 FLOATS MILL 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 2 FLOATS MILL sales from February 2014 and January 2023 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 February 2014 sale was for 159% above the HPI. So the extrapolation line tracks at 159% above the HPI over time, until the January 2023 sale, where it falls to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might 2 FLOATS MILL be worth now?

2 FLOATS MILL might now be worth an estimated £255,393.

This is based on house price inflation of 5.5%, between January 2023 and March 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 5.5% inflationary increase is applied to the most recent sale price for 2 FLOATS MILL of £242,000 on 31st January 2023. For the value to have increased from £242,000 to £255,393 over the two years and ten months to March 2026, the following assumptions must hold true:

• The value of 2 FLOATS MILL has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The January 2023 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FLOATS MILL has not materially changed since January 2023.

How Large is 2 FLOATS MILL?

2 FLOATS MILL is 133m² according to the EPC inspection conducted in November 2024. This puts it in the largest 40% of terraced houses houses in Trawden, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Trawden, and where 2 FLOATS MILL lies on this distribution: 63% of terraced houses houses are smaller than 2 FLOATS MILL, and 35% of houses are larger. Note that EPC data is not available for all properties in Trawden.

2 FLOATS MILL: Plot and Title Map

2 FLOATS MILL sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 2 FLOATS MILL, 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 FLOATS MILL). 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 FLOATS MILL?

2 FLOATS MILL is located in TRAWDEN, in the BB8 postcode district. The below map shows the position of No. 2 on FLOATS MILL.