89, SKIPTON ROAD, COLNE, BB8 0NU - £91,000

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.

89 SKIPTON ROAD is a midsized terraced house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £134,304. It was last sold for £91,000 in November 2007, which was around 1% above the average November 2007 terraced price in the Pendle local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

89 SKIPTON ROAD Sold Prices

Land registry data shows two sales for 89 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 89 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
2007 2 NOV	£91,000	£90,109	1% above HPI
1998 6 NOV	£26,350	£24,428	8% above HPI

89 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 89 SKIPTON ROAD sales from November 1998 and November 2007 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 November 1998 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2007 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 89 SKIPTON ROAD be worth now?

89 SKIPTON ROAD might now be worth an estimated £134,304.

This is based on house price inflation of 47.6%, between November 2007 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 47.6% inflationary increase is applied to the most recent sale price for 89 SKIPTON ROAD of £91,000 on 2nd November 2007. For the value to have increased from £91,000 to £134,304 over the nineteen years and six months to May 2026, the following assumptions must hold true:

• The value of 89 SKIPTON ROAD has moved in line with the HPI for terraced houses in the Pendle local authority area.
• The November 2007 sale price of £91,000 represented a fair market value for the property.
• The size, condition, and specification of 89 SKIPTON ROAD has not materially changed since November 2007.

How Large is 89 SKIPTON ROAD?

89 SKIPTON ROAD is 75m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% of terraced houses in Colne, based on EPC data. The below chart shows the distribution of terraced houses by size in Colne, and where 89 SKIPTON ROAD lies on this distribution: 42% of terraced houses are smaller than 89 SKIPTON ROAD, and 58% of terraced houses are larger. Note that EPC data is not available for all properties in Colne.

Where is 89 SKIPTON ROAD?

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