63, SKIPTON ROAD, COLNE, BB8 0NU - £89,950

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.

63 SKIPTON ROAD is a small terraced house of 67m², built sometime between 1900 and 1929, which could now be worth an estimated £100,052. It was last sold for £89,950 in August 2022, which was around 25% below the average August 2022 terraced price in the Pendle local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

63 SKIPTON ROAD Sold Prices

Land registry data shows two sales for 63 SKIPTON 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 63 SKIPTON ROAD sales were for below 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 18 AUG	£89,950	£119,562	25% below HPI
2013 28 AUG	£58,000	£73,185	21% below HPI

63 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 two 63 SKIPTON ROAD sales from August 2013 and August 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 August 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 63 SKIPTON ROAD be worth now?

63 SKIPTON ROAD might now be worth an estimated £100,052.

This is based on house price inflation of 11.2%, between August 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 11.2% inflationary increase is applied to the most recent sale price for 63 SKIPTON ROAD of £89,950 on 18th August 2022. For the value to have increased from £89,950 to £100,052 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 63 SKIPTON ROAD has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The August 2022 sale price of £89,950 represented a fair market value for the property.
• The size, condition, and specification of 63 SKIPTON ROAD has not materially changed since August 2022.

How Large is 63 SKIPTON ROAD?

63 SKIPTON ROAD is 67m² according to the EPC inspection conducted in July 2022. 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 63 SKIPTON ROAD lies on this distribution: 21% of terraced houses are smaller than 63 SKIPTON ROAD, and 77% of terraced houses are larger. Note that EPC data is not available for all properties in Colne.

Where is 63 SKIPTON ROAD?

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