59, SKIPTON ROAD, COLNE, BB8 0NU - £124,000

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.

59 SKIPTON ROAD is a very large extended terraced house of 233m², built sometime before 1900, which could now be worth an estimated £215,719. It was last sold for £124,000 in August 2006, which was around 62% above the average August 2006 terraced price in the Pendle local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

59 SKIPTON ROAD Sold Prices

Land registry data shows four sales for 59 SKIPTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Pendle local authority area for the corresponding sale date. All of the four 59 SKIPTON 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
2006 7 AUG	£124,000	£76,445	62% above HPI
2006 4 AUG	£124,000	£76,445	62% above HPI
2003 31 JUL	£85,000	£37,660	126% above HPI
1998 17 AUG	£41,000	£26,977	52% above HPI

59 SKIPTON 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 four 59 SKIPTON ROAD sales between August 1998 and August 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 August 2006 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the August 2006 sale, which was also at 62% above the HPI.

What might 59 SKIPTON ROAD be worth now?

59 SKIPTON ROAD might now be worth an estimated £215,719.

This is based on house price inflation of 74%, between August 2006 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 74% inflationary increase is applied to the most recent sale price for 59 SKIPTON ROAD of £124,000 on 7th August 2006. For the value to have increased from £124,000 to £215,719 over the twenty years and three months to May 2026, the following assumptions must hold true:

• The value of 59 SKIPTON ROAD has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The August 2006 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 59 SKIPTON ROAD has not materially changed since August 2006.

How Large is 59 SKIPTON ROAD?

59 SKIPTON ROAD is 233m², which includes one extension, according to the EPC inspection conducted in April 2015. 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 59 SKIPTON ROAD lies on this distribution: More than 99% of terraced houses are smaller than 59 SKIPTON ROAD, and less than 1% of terraced houses are larger. Note that EPC data is not available for all properties in Colne.

Where is 59 SKIPTON ROAD?

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