151, LANGROYD ROAD, COLNE, BB8 9EE - £90,000

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.

151 LANGROYD ROAD is a small terraced house of 68m², built sometime between 1900 and 1929, which could now be worth an estimated £139,284. It was last sold for £90,000 in May 2019, which was around 5% above the average May 2019 terraced price in the Pendle local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

151 LANGROYD ROAD Sold Prices

Land registry data shows five sales for 151 LANGROYD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Pendle local authority area for the corresponding sale date. Most of the five 151 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
2019 14 MAY	£90,000	£85,577	5% above HPI
2016 5 AUG	£82,000	£83,232	1% below HPI
2002 5 JUL	£32,500	£29,597	10% above HPI
1998 21 AUG	£38,750	£26,977	44% above HPI
1996 27 JUN	£27,000	£24,674	9% above HPI

151 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 five 151 LANGROYD ROAD sales between June 1996 and May 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 August 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 151 LANGROYD ROAD be worth now?

151 LANGROYD ROAD might now be worth an estimated £139,284.

This is based on house price inflation of 54.8%, between May 2019 and April 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 54.8% inflationary increase is applied to the most recent sale price for 151 LANGROYD ROAD of £90,000 on 14th May 2019. For the value to have increased from £90,000 to £139,284 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 151 LANGROYD ROAD has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The May 2019 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 151 LANGROYD ROAD has not materially changed since May 2019.

How Large is 151 LANGROYD ROAD?

151 LANGROYD ROAD is 68m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of terraced houses in Colne, based on EPC data. The below chart shows the distribution of terraced houses by size in Colne, and where 151 LANGROYD ROAD lies on this distribution: 23% of terraced houses are smaller than 151 LANGROYD ROAD, and 74% of terraced houses are larger. Note that EPC data is not available for all properties in Colne.

Where is 151 LANGROYD ROAD?

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