TREE TOPS, HILL LANE, COLNE, BB8 7EF - £570,000

TREE TOPS is a very large extended detached house of 304m², built sometime between 1967 and 1975. It was last sold for £570,000 in September 2015, which was around 232% above the average September 2015 detached price in the Pendle local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was C.

TREE TOPS Sold Prices

Land registry data shows two sales for TREE TOPS 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 TREE TOPS 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
2015 18 SEP	£570,000	£171,764	232% above HPI
1999 23 JUL	£195,000	£63,256	208% above HPI

TREE TOPS 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 TREE TOPS sales from July 1999 and September 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 July 1999 sale was for 208% above the HPI. So the extrapolation line tracks at 208% above the HPI over time, until the September 2015 sale, where it rises to 232% above the HPI. The line then continues to track at 232% above the HPI.

How Large is TREE TOPS?

TREE TOPS is 304m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 TREE TOPS lies on this distribution: 98% of detached houses are smaller than TREE TOPS, and 2% of houses are larger. Note that EPC data is not available for all properties in Colne.

TREE TOPS: Plot and Title Map

TREE TOPS sits on a plot of roughly 0.508 of an acre, or 2,056m². The below map shows the location of TREE TOPS, 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 TREE TOPS). 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 TREE TOPS?

TREE TOPS is located on HILL LANE in COLNE, in the BB8 postcode district. The below map shows the position of TREE TOPS on HILL LANE.