40, THE MEADOWS, COLNE, BB8 7ET - £182,000

40 THE MEADOWS is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £182,000 in January 2018, which was around 2% below the average January 2018 detached price in the Pendle local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

40 THE MEADOWS Sold Prices

Land registry data shows three sales for 40 THE MEADOWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. One of the three 40 THE MEADOWS sales was for below the average price, whilst two 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 12 JAN	£182,000	£185,212	2% below HPI
2013 14 NOV	£177,000	£153,175	16% above HPI
1998 28 AUG	£87,000	£64,692	34% above HPI

40 THE MEADOWS 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 three 40 THE MEADOWS sales between August 1998 and January 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 November 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 40 THE MEADOWS?

40 THE MEADOWS is 68m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where 40 THE MEADOWS lies on this distribution: 3% of detached houses are smaller than 40 THE MEADOWS, and 97% of houses are larger. Note that EPC data is not available for all properties in Colne.

40 THE MEADOWS: Plot and Title Map

40 THE MEADOWS sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 40 THE MEADOWS, 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 40 THE MEADOWS). 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 40 THE MEADOWS?

40 THE MEADOWS is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 40 on THE MEADOWS.