MAYCROFT, RED LANE, COLNE, BB8 7JR - £391,000

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.

MAYCROFT is a very large extended detached house of 171m², built sometime between 1900 and 1929, which could now be worth an estimated £645,165. It was last sold for £391,000 in November 2015, which was around 120% above the average November 2015 detached price in the Pendle local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

MAYCROFT Sold Prices

Land registry data shows one sale for MAYCROFT since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Pendle local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 30 NOV	£391,000	£177,765	120% above HPI

What might MAYCROFT be worth now?

MAYCROFT might now be worth an estimated £645,165.

This is based on house price inflation of 65%, between November 2015 and May 2026, for 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 65% inflationary increase is applied to the most recent sale price for MAYCROFT of £391,000 on 30th November 2015. For the value to have increased from £391,000 to £645,165 over the eleven years and six months to May 2026, the following assumptions must hold true:

• The value of MAYCROFT has moved in line with the HPI for detached houses in the Pendle local authority area.
• The November 2015 sale price of £391,000 represented a fair market value for the property.
• The size, condition, and specification of MAYCROFT has not materially changed since November 2015.

How Large is MAYCROFT?

MAYCROFT is 171m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 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 MAYCROFT lies on this distribution: 82% of detached houses are smaller than MAYCROFT, and 17% of detached houses are larger. Note that EPC data is not available for all properties in Colne.

MAYCROFT: Plot

MAYCROFT sits on a plot of roughly 0.170 of an acre, or 689m².

Where is MAYCROFT?

MAYCROFT is located on RED LANE in COLNE, in the BB8 postcode district.