7, THE GREEN, COLNE, BB8 0RG - £130,000

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.

7 THE GREEN is a very small semi-detached house of 65m², built sometime between 1996 and 2002, which could now be worth an estimated £191,356. It was last sold for £130,000 in September 2016, which was around 14% above the average September 2016 semi-detached price in the Pendle local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

7 THE GREEN Sold Prices

Land registry data shows two sales for 7 THE GREEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. Both of the two 7 THE GREEN 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
2016 28 SEP	£130,000	£114,253	14% above HPI
2001 12 JAN	£58,950	£37,235	58% above HPI

7 THE GREEN 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 two 7 THE GREEN sales from January 2001 and September 2016 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 January 2001 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the September 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 7 THE GREEN be worth now?

7 THE GREEN might now be worth an estimated £191,356.

This is based on house price inflation of 47.2%, between September 2016 and March 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 47.2% inflationary increase is applied to the most recent sale price for 7 THE GREEN of £130,000 on 28th September 2016. For the value to have increased from £130,000 to £191,356 over the nine years and six months to March 2025, the following assumptions must hold true:

• The value of 7 THE GREEN has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The September 2016 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE GREEN has not materially changed since September 2016.

How Large is 7 THE GREEN?

7 THE GREEN is 65m² according to the EPC inspection conducted in July 2016. 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 7 THE GREEN lies on this distribution: 3% of semi-detached houses houses are smaller than 7 THE GREEN, and 97% of houses are larger. Note that EPC data is not available for all properties in Colne.

7 THE GREEN: Plot and Title Map

7 THE GREEN sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 7 THE GREEN, 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 7 THE GREEN). 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 7 THE GREEN?

7 THE GREEN is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 7 on THE GREEN.