8, BEACON CLOSE, COLNE, BB8 8BG - £136,000

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 BEACON CLOSE is a very small semi-detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £243,651. It was last sold for £136,000 in July 2011, which was around 36% above the average July 2011 semi-detached price in the Pendle local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

8 BEACON CLOSE Sold Prices

Land registry data shows three sales for 8 BEACON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. All of the three 8 BEACON CLOSE 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
2011 11 JUL	£136,000	£99,927	36% above HPI
2002 30 MAY	£63,100	£39,575	59% above HPI
1998 21 AUG	£55,795	£37,352	49% above HPI

8 BEACON CLOSE 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 three 8 BEACON CLOSE sales between August 1998 and July 2011 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 May 2002 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the July 2011 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 8 BEACON CLOSE be worth now?

8 BEACON CLOSE might now be worth an estimated £243,651.

This is based on house price inflation of 79.2%, between July 2011 and April 2026, 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 79.2% inflationary increase is applied to the most recent sale price for 8 BEACON CLOSE of £136,000 on 11th July 2011. For the value to have increased from £136,000 to £243,651 over the fifteen years and three months to April 2026, the following assumptions must hold true:

• The value of 8 BEACON CLOSE has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The July 2011 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BEACON CLOSE has not materially changed since July 2011.

How Large is 8 BEACON CLOSE?

8 BEACON CLOSE is 68m² according to the EPC inspection conducted in March 2011. 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 8 BEACON CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 8 BEACON CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Colne.

8 BEACON CLOSE: Plot and Title Map

8 BEACON CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 8 BEACON CLOSE, 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 BEACON CLOSE). 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 BEACON CLOSE?

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