PARK COTTAGE, LANGROYD ROAD, COLNE, BB8 9EN - £68,794

PARK COTTAGE is a very small extended detached house of 44m², built sometime before 1900. It was last sold for £68,794 in July 2006, which was around 56% below the average July 2006 detached price in the Pendle local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

PARK COTTAGE Sold Prices

Land registry data shows two sales for PARK COTTAGE 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 PARK COTTAGE sales were for below 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
2006 14 JUL	£68,794	£157,626	56% below HPI
2000 15 OCT	£27,000	£67,956	60% below HPI

PARK COTTAGE 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 PARK COTTAGE sales from October 2000 and July 2006 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 October 2000 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the July 2006 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is PARK COTTAGE?

PARK COTTAGE is 44m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where PARK COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than PARK COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colne.

PARK COTTAGE: Plot and Title Map

PARK COTTAGE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of PARK COTTAGE, 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 PARK COTTAGE). 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 PARK COTTAGE?

PARK COTTAGE is located on LANGROYD ROAD in COLNE, in the BB8 postcode district. The below map shows the position of PARK COTTAGE on LANGROYD ROAD.