4, GRINDLESTONE HIRST, COLNE, BB8 8BF - £240,000

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.

4 GRINDLESTONE HIRST is a very small semi-detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £248,897. It was last sold for £240,000 in February 2023, which was around 50% above the average February 2023 semi-detached price in the Pendle local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

4 GRINDLESTONE HIRST Sold Prices

Land registry data shows four sales for 4 GRINDLESTONE HIRST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. All of the four 4 GRINDLESTONE HIRST 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 14 FEB	£240,000	£159,554	50% above HPI
2007 23 MAR	£143,000	£104,040	37% above HPI
2004 26 NOV	£128,500	£67,045	92% above HPI
2000 21 DEC	£59,995	£37,026	62% above HPI

4 GRINDLESTONE HIRST 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 four 4 GRINDLESTONE HIRST sales between December 2000 and February 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 March 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the February 2023 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 4 GRINDLESTONE HIRST be worth now?

4 GRINDLESTONE HIRST might now be worth an estimated £248,897.

This is based on house price inflation of 3.7%, between February 2023 and February 2025, 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 3.7% inflationary increase is applied to the most recent sale price for 4 GRINDLESTONE HIRST of £240,000 on 14th February 2023. For the value to have increased from £240,000 to £248,897 over the two years to February 2025, the following assumptions must hold true:

• The value of 4 GRINDLESTONE HIRST has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The February 2023 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRINDLESTONE HIRST has not materially changed since February 2023.

How Large is 4 GRINDLESTONE HIRST?

4 GRINDLESTONE HIRST is 78m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% 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 4 GRINDLESTONE HIRST lies on this distribution: 6% of semi-detached houses houses are smaller than 4 GRINDLESTONE HIRST, and 93% of houses are larger. Note that EPC data is not available for all properties in Colne.

4 GRINDLESTONE HIRST: Plot and Title Map

4 GRINDLESTONE HIRST sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 4 GRINDLESTONE HIRST, 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 4 GRINDLESTONE HIRST). 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 4 GRINDLESTONE HIRST?

4 GRINDLESTONE HIRST is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 4 on GRINDLESTONE HIRST.