47, SOUTH VALLEY DRIVE, COLNE, BB8 8BQ - £138,000

47 SOUTH VALLEY DRIVE is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £138,000 in May 2012, which was around 11% below the average May 2012 detached price in the Pendle local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

47 SOUTH VALLEY DRIVE Sold Prices

Land registry data shows three sales for 47 SOUTH VALLEY DRIVE 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 47 SOUTH VALLEY DRIVE 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
2012 3 MAY	£138,000	£154,195	11% below HPI
2003 8 AUG	£112,000	£92,679	21% above HPI
2000 21 DEC	£71,245	£65,124	9% above HPI

47 SOUTH VALLEY DRIVE 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 47 SOUTH VALLEY DRIVE sales between December 2000 and May 2012 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 August 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2012 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 47 SOUTH VALLEY DRIVE?

47 SOUTH VALLEY DRIVE is 89m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where 47 SOUTH VALLEY DRIVE lies on this distribution: 14% of detached houses are smaller than 47 SOUTH VALLEY DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Colne.

47 SOUTH VALLEY DRIVE: Plot and Title Map

47 SOUTH VALLEY DRIVE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 47 SOUTH VALLEY DRIVE, 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 47 SOUTH VALLEY DRIVE). 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 47 SOUTH VALLEY DRIVE?

47 SOUTH VALLEY DRIVE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 47 on SOUTH VALLEY DRIVE.