EDGEMOOR, LAKE VIEW ROAD, COLNE, BB8 7JS - £413,000

EDGEMOOR is a midsized extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £413,000 in May 2023, which was around 68% above the average May 2023 detached price in the Pendle local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

EDGEMOOR Sold Prices

Land registry data shows two sales for EDGEMOOR since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two EDGEMOOR 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
2023 9 MAY	£413,000	£245,842	68% above HPI
2013 10 MAY	£250,000	£152,775	64% above HPI

EDGEMOOR 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 two EDGEMOOR sales from May 2013 and May 2023 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 2013 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the May 2023 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is EDGEMOOR?

EDGEMOOR is 117m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 50% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where EDGEMOOR lies on this distribution: 54% of detached houses are smaller than EDGEMOOR, and 46% of houses are larger. Note that EPC data is not available for all properties in Colne.

EDGEMOOR: Plot and Title Map

EDGEMOOR sits on a plot of roughly 0.178 of an acre, or 718m². The below map shows the location of EDGEMOOR, 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 EDGEMOOR). 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 EDGEMOOR?

EDGEMOOR is located on LAKE VIEW ROAD in COLNE, in the BB8 postcode district. The below map shows the position of EDGEMOOR on LAKE VIEW ROAD.