2, PENRITH CRESCENT, COLNE, BB8 8JS - £137,000

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 PENRITH CRESCENT is a small extended semi-detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £260,582. It was last sold for £137,000 in February 2013, which was around 45% above the average February 2013 semi-detached price in the Pendle local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

2 PENRITH CRESCENT Sold Prices

Land registry data shows two sales for 2 PENRITH CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. Both of the two 2 PENRITH CRESCENT 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 8 FEB	£137,000	£94,605	45% above HPI
2000 8 DEC	£74,950	£37,026	102% above HPI

2 PENRITH CRESCENT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Pendle local authority area over time, sourced from the HPI. The two 2 PENRITH CRESCENT sales from December 2000 and February 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 December 2000 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the February 2013 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 2 PENRITH CRESCENT be worth now?

2 PENRITH CRESCENT might now be worth an estimated £260,582.

This is based on house price inflation of 90.2%, between February 2013 and May 2026, for semi-detached 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 90.2% inflationary increase is applied to the most recent sale price for 2 PENRITH CRESCENT of £137,000 on 8th February 2013. For the value to have increased from £137,000 to £260,582 over the twelve years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 PENRITH CRESCENT has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The February 2013 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PENRITH CRESCENT has not materially changed since February 2013.

How Large is 2 PENRITH CRESCENT?

2 PENRITH CRESCENT is 100m², which includes two extensions, according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of semi-detached houses houses in Colne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colne, and where 2 PENRITH CRESCENT lies on this distribution: 25% of semi-detached houses houses are smaller than 2 PENRITH CRESCENT, and 71% of houses are larger. Note that EPC data is not available for all properties in Colne.

2 PENRITH CRESCENT: Plot and Title Map

2 PENRITH CRESCENT sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 2 PENRITH CRESCENT, 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 PENRITH CRESCENT). 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 PENRITH CRESCENT?

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