105, SKIPTON OLD ROAD, COLNE, BB8 7AE - £190,000

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.

105 SKIPTON OLD ROAD is a midsized extended semi-detached house of 87m², built sometime between 1930 and 1949, which could now be worth an estimated £282,489. It was last sold for £190,000 in June 2019, which was around 57% above the average June 2019 semi-detached price in the Pendle local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

105 SKIPTON OLD ROAD Sold Prices

Land registry data shows two sales for 105 SKIPTON OLD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. Both of the two 105 SKIPTON OLD ROAD 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
2019 21 JUN	£190,000	£121,029	57% above HPI
2007 11 MAY	£218,000	£108,890	100% above HPI

105 SKIPTON OLD ROAD 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 105 SKIPTON OLD ROAD sales from May 2007 and June 2019 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 2007 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the June 2019 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 105 SKIPTON OLD ROAD be worth now?

105 SKIPTON OLD ROAD might now be worth an estimated £282,489.

This is based on house price inflation of 48.7%, between June 2019 and May 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 48.7% inflationary increase is applied to the most recent sale price for 105 SKIPTON OLD ROAD of £190,000 on 21st June 2019. For the value to have increased from £190,000 to £282,489 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 105 SKIPTON OLD ROAD has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The June 2019 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 105 SKIPTON OLD ROAD has not materially changed since June 2019.

How Large is 105 SKIPTON OLD ROAD?

105 SKIPTON OLD ROAD is 87m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of semi-detached houses in Colne, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Colne, and where 105 SKIPTON OLD ROAD lies on this distribution: 49% of semi-detached houses are smaller than 105 SKIPTON OLD ROAD, and 50% of semi-detached houses are larger. Note that EPC data is not available for all properties in Colne.

Where is 105 SKIPTON OLD ROAD?

105 SKIPTON OLD ROAD is located in COLNE, in the BB8 postcode district.