74, LANGROYD ROAD, COLNE, BB8 9EG - £92,000

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.

74 LANGROYD ROAD is a very small terraced house of 62m², built sometime between 1900 and 1929, which could now be worth an estimated £165,230. It was last sold for £92,000 in January 2015, which was around 24% above the average January 2015 terraced price in the Pendle local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was D.

74 LANGROYD ROAD Sold Prices

Land registry data shows three sales for 74 LANGROYD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Pendle local authority area for the corresponding sale date. The three 74 LANGROYD ROAD sales were a mix of above the average price, and roughly equal to 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
2015 30 JAN	£92,000	£74,048	24% above HPI
2007 31 AUG	£95,000	£90,710	5% above HPI
1998 15 MAY	£26,950	£26,918	Close to HPI

74 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 three 74 LANGROYD ROAD sales between May 1998 and January 2015 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 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2015 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 74 LANGROYD ROAD be worth now?

74 LANGROYD ROAD might now be worth an estimated £165,230.

This is based on house price inflation of 79.6%, between January 2015 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 79.6% inflationary increase is applied to the most recent sale price for 74 LANGROYD ROAD of £92,000 on 30th January 2015. For the value to have increased from £92,000 to £165,230 over the ten years and eight months to May 2026, the following assumptions must hold true:

• The value of 74 LANGROYD ROAD has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The January 2015 sale price of £92,000 represented a fair market value for the property.
• The size, condition, and specification of 74 LANGROYD ROAD has not materially changed since January 2015.

How Large is 74 LANGROYD ROAD?

74 LANGROYD ROAD is 62m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 20% of terraced houses in Colne, based on EPC data. The below chart shows the distribution of terraced houses by size in Colne, and where 74 LANGROYD ROAD lies on this distribution: 14% of terraced houses are smaller than 74 LANGROYD ROAD, and 86% of terraced houses are larger. Note that EPC data is not available for all properties in Colne.

Where is 74 LANGROYD ROAD?

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