41, KNOTTS MOUNT, COLNE, BB8 8DZ - £161,000

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.

41 KNOTTS MOUNT is a midsized terraced house of 87m², built in 2017, which could now be worth an estimated £186,927. It was last sold for £161,000 in June 2022, which was around 41% above the average June 2022 terraced price in the Pendle local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

41 KNOTTS MOUNT Sold Prices

Land registry data shows two sales for 41 KNOTTS MOUNT 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 41 KNOTTS MOUNT 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
2022 22 JUN	£161,000	£114,543	41% above HPI
2017 17 NOV	£146,995	£84,409	74% above HPI

41 KNOTTS MOUNT 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 41 KNOTTS MOUNT sales from November 2017 and June 2022 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 November 2017 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the June 2022 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 41 KNOTTS MOUNT be worth now?

41 KNOTTS MOUNT might now be worth an estimated £186,927.

This is based on house price inflation of 16.1%, between June 2022 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 16.1% inflationary increase is applied to the most recent sale price for 41 KNOTTS MOUNT of £161,000 on 22nd June 2022. For the value to have increased from £161,000 to £186,927 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 41 KNOTTS MOUNT has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The June 2022 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 41 KNOTTS MOUNT has not materially changed since June 2022.

How Large is 41 KNOTTS MOUNT?

41 KNOTTS MOUNT is 87m² according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of terraced houses in Colne, based on EPC data. The below chart shows the distribution of terraced houses by size in Colne, and where 41 KNOTTS MOUNT lies on this distribution: 57% of terraced houses are smaller than 41 KNOTTS MOUNT, and 41% of terraced houses are larger. Note that EPC data is not available for all properties in Colne.

41 KNOTTS MOUNT: Plot

41 KNOTTS MOUNT sits on a plot of roughly 376.9 acres, or 1,525,107m².

Where is 41 KNOTTS MOUNT?

41 KNOTTS MOUNT is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 41 on KNOTTS MOUNT.