NORTHCLIFFE, RED LANE, COLNE, BB8 7JR - £290,000

NORTHCLIFFE is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £290,000 in November 2013, which was around 89% above the average November 2013 detached price in the Pendle local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was C.

NORTHCLIFFE Sold Prices

Land registry data shows three sales for NORTHCLIFFE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the three NORTHCLIFFE 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
2013 15 NOV	£290,000	£153,175	89% above HPI
2011 25 AUG	£279,000	£164,833	69% above HPI
1998 3 JUL	£100,000	£66,819	50% above HPI

NORTHCLIFFE 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 three NORTHCLIFFE sales between July 1998 and November 2013 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 August 2011 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the November 2013 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is NORTHCLIFFE?

NORTHCLIFFE is 96m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 30% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where NORTHCLIFFE lies on this distribution: 26% of detached houses are smaller than NORTHCLIFFE, and 73% of houses are larger. Note that EPC data is not available for all properties in Colne.

NORTHCLIFFE: Plot and Title Map

NORTHCLIFFE sits on a plot of roughly 0.183 of an acre, or 741m². The below map shows the location of NORTHCLIFFE, 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 NORTHCLIFFE). 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 NORTHCLIFFE?

NORTHCLIFFE is located on RED LANE in COLNE, in the BB8 postcode district. The below map shows the position of NORTHCLIFFE on RED LANE.