34, CASTLE ROAD, COLNE, BB8 7AR - £139,950

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.

34 CASTLE ROAD is a very small terraced house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £219,881. It was last sold for £139,950 in February 2018, which was around 65% above the average February 2018 terraced price in the Pendle local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

34 CASTLE ROAD Sold Prices

Land registry data shows four sales for 34 CASTLE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Pendle local authority area for the corresponding sale date. All of the four 34 CASTLE ROAD 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
2018 23 FEB	£139,950	£84,645	65% above HPI
2016 8 APR	£125,000	£75,186	66% above HPI
2012 20 JUL	£115,000	£69,608	65% above HPI
2006 23 NOV	£103,500	£79,509	30% above HPI

34 CASTLE 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 four 34 CASTLE ROAD sales between November 2006 and February 2018 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 2016 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the February 2018 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 34 CASTLE ROAD be worth now?

34 CASTLE ROAD might now be worth an estimated £219,881.

This is based on house price inflation of 57.1%, between February 2018 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 57.1% inflationary increase is applied to the most recent sale price for 34 CASTLE ROAD of £139,950 on 23rd February 2018. For the value to have increased from £139,950 to £219,881 over the seven years and nine months to May 2026, the following assumptions must hold true:

• The value of 34 CASTLE ROAD has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The February 2018 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 34 CASTLE ROAD has not materially changed since February 2018.

How Large is 34 CASTLE ROAD?

34 CASTLE ROAD is 84m² according to the EPC inspection conducted in September 2009. 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 34 CASTLE ROAD lies on this distribution: 12% of terraced houses houses are smaller than 34 CASTLE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Colne.

34 CASTLE ROAD: Plot and Title Map

34 CASTLE ROAD sits on a plot of roughly 0.227 of an acre, or 919m². The below map shows the location of 34 CASTLE 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 34 CASTLE 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 34 CASTLE ROAD?

34 CASTLE ROAD is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 34 on CASTLE ROAD.