1, TOWER VIEW, STATION ROAD, FOULRIDGE, COLNE, BB8 7NB - £318,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 TOWER VIEW is a very large detached house of 216m², built sometime between 2003 and 2006. It was last sold for £318,000 in June 2016, which was around 82% above the average June 2016 detached price in the Pendle local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

1 TOWER VIEW Sold Prices

Land registry data shows two sales for 1 TOWER VIEW 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 1 TOWER VIEW 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
2016 2 JUN	£318,000	£174,954	82% above HPI
2003 23 JUL	£240,000	£91,263	163% above HPI

1 TOWER VIEW 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 1 TOWER VIEW sales from July 2003 and June 2016 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 2003 sale was for 163% above the HPI. So the extrapolation line tracks at 163% above the HPI over time, until the June 2016 sale, where it falls to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is 1 TOWER VIEW?

1 TOWER VIEW is 216m² according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses in Foulridge, based on EPC data. The below chart shows the distribution of detached houses by size in Foulridge, and where 1 TOWER VIEW lies on this distribution: 90% of detached houses are smaller than 1 TOWER VIEW, and 10% of houses are larger. Note that EPC data is not available for all properties in Foulridge.

1 TOWER VIEW: Plot and Title Map

1 TOWER VIEW sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 1 TOWER VIEW, 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 1 TOWER VIEW). 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 1 TOWER VIEW?

1 TOWER VIEW is located on STATION ROAD in FOULRIDGE, in the BB8 postcode district. The below map shows the position of 1 TOWER VIEW on STATION ROAD.