87, SKIPTON ROAD, COLNE, BB8 0NU - £47,500

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.

87 SKIPTON ROAD is a large terraced house of 91m², built sometime before 1900, which could now be worth an estimated £86,315. It was last sold for £47,500 in August 2013, which was around 35% below the average August 2013 terraced price in the Pendle local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

87 SKIPTON ROAD Sold Prices

Land registry data shows three sales for 87 SKIPTON 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. Two of the three 87 SKIPTON ROAD sales were for below the average price, whilst one was 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
2013 29 AUG	£47,500	£73,185	35% below HPI
2002 20 SEP	£28,000	£28,543	2% below HPI
2000 17 APR	£27,000	£26,232	3% above HPI

87 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 three 87 SKIPTON ROAD sales between April 2000 and August 2013 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 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 87 SKIPTON ROAD be worth now?

87 SKIPTON ROAD might now be worth an estimated £86,315.

This is based on house price inflation of 81.7%, between August 2013 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 81.7% inflationary increase is applied to the most recent sale price for 87 SKIPTON ROAD of £47,500 on 29th August 2013. For the value to have increased from £47,500 to £86,315 over the thirteen years and three months to May 2026, the following assumptions must hold true:

• The value of 87 SKIPTON ROAD has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The August 2013 sale price of £47,500 represented a fair market value for the property.
• The size, condition, and specification of 87 SKIPTON ROAD has not materially changed since August 2013.

How Large is 87 SKIPTON ROAD?

87 SKIPTON ROAD is 91m² according to the EPC inspection conducted in April 2013. This puts it in the largest 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 87 SKIPTON ROAD lies on this distribution: 63% of terraced houses are smaller than 87 SKIPTON ROAD, and 36% of terraced houses are larger. Note that EPC data is not available for all properties in Colne.

Where is 87 SKIPTON ROAD?

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