WHITEHOUSE, SPRING GROVE, COLNE, BB8 7HH - £390,000

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.

WHITEHOUSE is a very small extended detached house of 90m², built sometime before 1900, which could now be worth an estimated £511,443. It was last sold for £390,000 in January 2021, which was around 74% above the average January 2021 detached price in the Pendle local authority area. The most recent EPC inspection was November 2014, where the current energy rating was F, and the potential energy rating was D.

WHITEHOUSE Sold Prices

Land registry data shows three sales for WHITEHOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the three WHITEHOUSE 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
2021 21 JAN	£390,000	£223,670	74% above HPI
2015 27 NOV	£290,000	£177,765	63% above HPI
2001 3 AUG	£110,000	£73,591	49% above HPI

WHITEHOUSE 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 WHITEHOUSE sales between August 2001 and January 2021 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 2015 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the January 2021 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might WHITEHOUSE be worth now?

WHITEHOUSE might now be worth an estimated £511,443.

This is based on house price inflation of 31.1%, between January 2021 and May 2026, for detached 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 31.1% inflationary increase is applied to the most recent sale price for WHITEHOUSE of £390,000 on 21st January 2021. For the value to have increased from £390,000 to £511,443 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of WHITEHOUSE has moved in line with the HPI for detached houses in the Pendle local authority area.
• The January 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of WHITEHOUSE has not materially changed since January 2021.

How Large is WHITEHOUSE?

WHITEHOUSE is 90m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses houses in Colne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colne, and where WHITEHOUSE lies on this distribution: 20% of detached houses houses are smaller than WHITEHOUSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Colne.

WHITEHOUSE: Plot and Title Map

WHITEHOUSE sits on a plot of roughly 0.231 of an acre, or 933m². The below map shows the location of WHITEHOUSE, 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 WHITEHOUSE). 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 WHITEHOUSE?

WHITEHOUSE is located on SPRING GROVE in COLNE, in the BB8 postcode district. The below map shows the position of WHITEHOUSE on SPRING GROVE.