73, SKIPTON ROAD, COLNE, BB8 0NU - £95,000

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.

73 SKIPTON ROAD is a small extended terraced house of 72m², built sometime before 1900, which could now be worth an estimated £114,599. It was last sold for £95,000 in July 2021, which was around 14% below the average July 2021 terraced price in the Pendle local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

73 SKIPTON ROAD Sold Prices

Land registry data shows four sales for 73 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. two of the four 73 SKIPTON ROAD sales were for below the average price, and four 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
2021 7 JUL	£95,000	£110,245	14% below HPI
2009 18 SEP	£80,000	£75,870	5% above HPI
2006 7 JUL	£90,000	£76,483	18% above HPI
2001 2 AUG	£15,500	£28,181	45% below HPI

73 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 73 SKIPTON ROAD sales between August 2001 and July 2021 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 September 2009 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 73 SKIPTON ROAD be worth now?

73 SKIPTON ROAD might now be worth an estimated £114,599.

This is based on house price inflation of 20.6%, between July 2021 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 20.6% inflationary increase is applied to the most recent sale price for 73 SKIPTON ROAD of £95,000 on 7th July 2021. For the value to have increased from £95,000 to £114,599 over the five years and two months to May 2026, the following assumptions must hold true:

• The value of 73 SKIPTON ROAD has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The July 2021 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 73 SKIPTON ROAD has not materially changed since July 2021.

How Large is 73 SKIPTON ROAD?

73 SKIPTON ROAD is 72m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% of terraced houses in Colne, based on EPC data. The below chart shows the distribution of terraced houses by size in Colne, and where 73 SKIPTON ROAD lies on this distribution: 32% of terraced houses are smaller than 73 SKIPTON ROAD, and 65% of terraced houses are larger. Note that EPC data is not available for all properties in Colne.

Where is 73 SKIPTON ROAD?

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