123, LANGROYD ROAD, COLNE, BB8 9ED - £62,000

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.

123 LANGROYD ROAD is a very large extended terraced house of 129m², built sometime before 1900, which could now be worth an estimated £271,656. It was last sold for £62,000 in February 2003, which was around 104% above the average February 2003 terraced price in the Pendle local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

123 LANGROYD ROAD Sold Prices

Land registry data shows two sales for 123 LANGROYD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Pendle local authority area for the corresponding sale date. Both of the two 123 LANGROYD 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
2003 27 FEB	£62,000	£30,352	104% above HPI
1998 28 AUG	£45,500	£26,977	69% above HPI

123 LANGROYD 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 123 LANGROYD ROAD sales from August 1998 and February 2003 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 1998 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the February 2003 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

What might 123 LANGROYD ROAD be worth now?

123 LANGROYD ROAD might now be worth an estimated £271,656.

This is based on house price inflation of 338.2%, between February 2003 and May 2026, for terraced 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 338.2% inflationary increase is applied to the most recent sale price for 123 LANGROYD ROAD of £62,000 on 27th February 2003. For the value to have increased from £62,000 to £271,656 over the 22 years and nine months to May 2026, the following assumptions must hold true:

• The value of 123 LANGROYD ROAD has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The February 2003 sale price of £62,000 represented a fair market value for the property.
• The size, condition, and specification of 123 LANGROYD ROAD has not materially changed since February 2003.

How Large is 123 LANGROYD ROAD?

123 LANGROYD ROAD is 129m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of terraced houses in Colne, based on EPC data. The below chart shows the distribution of terraced houses by size in Colne, and where 123 LANGROYD ROAD lies on this distribution: 93% of terraced houses are smaller than 123 LANGROYD ROAD, and 7% of terraced houses are larger. Note that EPC data is not available for all properties in Colne.

Where is 123 LANGROYD ROAD?

123 LANGROYD ROAD is located in COLNE, in the BB8 postcode district.