10, CASTERCLIFF BANK, COLNE, BB8 8DJ - £148,000

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.

10 CASTERCLIFF BANK is a very small detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £222,696. It was last sold for £148,000 in July 2015, which was around 19% below the average July 2015 detached price in the Pendle local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

10 CASTERCLIFF BANK Sold Prices

Land registry data shows two sales for 10 CASTERCLIFF BANK 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. One of the two 10 CASTERCLIFF BANK sales was for below the average price, whilst the other was 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 24 JUL	£148,000	£181,913	19% below HPI
2001 5 APR	£71,246	£66,947	6% above HPI

10 CASTERCLIFF BANK 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 10 CASTERCLIFF BANK sales from April 2001 and July 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 April 2001 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 10 CASTERCLIFF BANK be worth now?

10 CASTERCLIFF BANK might now be worth an estimated £222,696.

This is based on house price inflation of 50.5%, between July 2015 and February 2025, 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 50.5% inflationary increase is applied to the most recent sale price for 10 CASTERCLIFF BANK of £148,000 on 24th July 2015. For the value to have increased from £148,000 to £222,696 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 10 CASTERCLIFF BANK has moved in line with the HPI for detached houses in the Pendle local authority area.
• The July 2015 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 10 CASTERCLIFF BANK has not materially changed since July 2015.

How Large is 10 CASTERCLIFF BANK?

10 CASTERCLIFF BANK is 87m² according to the EPC inspection conducted in June 2012. 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 10 CASTERCLIFF BANK lies on this distribution: 13% of detached houses houses are smaller than 10 CASTERCLIFF BANK, and 87% of houses are larger. Note that EPC data is not available for all properties in Colne.

10 CASTERCLIFF BANK: Plot and Title Map

10 CASTERCLIFF BANK sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 10 CASTERCLIFF BANK, 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 10 CASTERCLIFF BANK). 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 10 CASTERCLIFF BANK?

10 CASTERCLIFF BANK is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 10 on CASTERCLIFF BANK.