8, ASPINALL DRIVE, COLNE, BB8 8FF - £150,000

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.

8 ASPINALL DRIVE is a very small terraced house of 51m², built in 2019, which could now be worth an estimated £166,069. It was last sold for £150,000 in September 2022, which was around 25% above the average September 2022 terraced price in the Pendle local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

8 ASPINALL DRIVE Sold Prices

Land registry data shows two sales for 8 ASPINALL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Pendle local authority area for the corresponding sale date. Both of the two 8 ASPINALL DRIVE 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
2022 16 SEP	£150,000	£120,121	25% above HPI
2019 29 MAR	£112,995	£82,155	38% above HPI

8 ASPINALL DRIVE 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 two 8 ASPINALL DRIVE sales from March 2019 and September 2022 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 2019 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 8 ASPINALL DRIVE be worth now?

8 ASPINALL DRIVE might now be worth an estimated £166,069.

This is based on house price inflation of 10.7%, between September 2022 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 10.7% inflationary increase is applied to the most recent sale price for 8 ASPINALL DRIVE of £150,000 on 16th September 2022. For the value to have increased from £150,000 to £166,069 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 8 ASPINALL DRIVE has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The September 2022 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ASPINALL DRIVE has not materially changed since September 2022.

How Large is 8 ASPINALL DRIVE?

8 ASPINALL DRIVE is 51m² according to the EPC inspection conducted in February 2019. 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 8 ASPINALL DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 8 ASPINALL DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colne.

8 ASPINALL DRIVE: Plot and Title Map

8 ASPINALL DRIVE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 8 ASPINALL 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 8 ASPINALL 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 8 ASPINALL DRIVE?

8 ASPINALL DRIVE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 8 on ASPINALL DRIVE.