41, GRINDLESTONE HIRST, COLNE, BB8 8BF - £82,000

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.

41 GRINDLESTONE HIRST is a very small terraced house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £200,380. It was last sold for £82,000 in April 2005, which was around 51% above the average April 2005 terraced price in the Pendle local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

41 GRINDLESTONE HIRST Sold Prices

Land registry data shows four sales for 41 GRINDLESTONE HIRST 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 41 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
2005 29 APR	£82,000	£54,422	51% above HPI
2003 31 OCT	£70,000	£37,317	88% above HPI
1999 23 JUL	£37,995	£26,238	45% above HPI
1998 27 MAR	£42,100	£25,087	68% above HPI

41 GRINDLESTONE HIRST 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 41 GRINDLESTONE HIRST sales between March 1998 and April 2005 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 October 2003 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the April 2005 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 41 GRINDLESTONE HIRST be worth now?

41 GRINDLESTONE HIRST might now be worth an estimated £200,380.

This is based on house price inflation of 144.4%, between April 2005 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 144.4% inflationary increase is applied to the most recent sale price for 41 GRINDLESTONE HIRST of £82,000 on 29th April 2005. For the value to have increased from £82,000 to £200,380 over the twenty years and eleven months to May 2026, the following assumptions must hold true:

• The value of 41 GRINDLESTONE HIRST has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The April 2005 sale price of £82,000 represented a fair market value for the property.
• The size, condition, and specification of 41 GRINDLESTONE HIRST has not materially changed since April 2005.

How Large is 41 GRINDLESTONE HIRST?

41 GRINDLESTONE HIRST is 53m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% 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 41 GRINDLESTONE HIRST lies on this distribution: Less than 1% of terraced houses houses are smaller than 41 GRINDLESTONE HIRST, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colne.

41 GRINDLESTONE HIRST: Plot and Title Map

41 GRINDLESTONE HIRST sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 41 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 41 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 41 GRINDLESTONE HIRST?

41 GRINDLESTONE HIRST is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 41 on GRINDLESTONE HIRST.