THE COPPY, RED LANE, COLNE, BB8 7JR - £650,000

THE COPPY is a very large extended detached house of 261m², built sometime between 1900 and 1929. It was last sold for £650,000 in April 2014, which was around 328% above the average April 2014 detached price in the Pendle local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

THE COPPY Sold Prices

Land registry data shows two sales for THE COPPY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two THE COPPY 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
2014 16 APR	£650,000	£152,021	328% above HPI
1999 15 OCT	£340,000	£62,653	443% above HPI

THE COPPY 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 THE COPPY sales from October 1999 and April 2014 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 October 1999 sale was for 443% above the HPI. So the extrapolation line tracks at 443% above the HPI over time, until the April 2014 sale, where it falls to 328% above the HPI. The line then continues to track at 328% above the HPI.

How Large is THE COPPY?

THE COPPY is 261m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where THE COPPY lies on this distribution: 97% of detached houses are smaller than THE COPPY, and 3% of houses are larger. Note that EPC data is not available for all properties in Colne.

THE COPPY: Plot and Title Map

THE COPPY sits on a plot of roughly 1.1 acres, or 4,343m². The below map shows the location of THE COPPY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE COPPY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE COPPY?

THE COPPY is located on RED LANE in COLNE, in the BB8 postcode district. The below map shows the position of THE COPPY on RED LANE.