10, LOB COMMON LANE, COLNE, BB8 7BF - £368,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 LOB COMMON LANE is a midsized detached house of 124m², built in 2018, which could now be worth an estimated £396,264. It was last sold for £368,000 in September 2023, which was around 43% above the average September 2023 detached price in the Pendle local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was A.

10 LOB COMMON LANE Sold Prices

Land registry data shows two sales for 10 LOB COMMON LANE 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 10 LOB COMMON LANE 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
2023 15 SEP	£368,000	£257,980	43% above HPI
2021 30 SEP	£319,995	£247,433	29% above HPI

10 LOB COMMON LANE 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 LOB COMMON LANE sales from September 2021 and September 2023 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 September 2021 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 2023 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 10 LOB COMMON LANE be worth now?

10 LOB COMMON LANE might now be worth an estimated £396,264.

This is based on house price inflation of 7.7%, between September 2023 and December 2024, 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 7.7% inflationary increase is applied to the most recent sale price for 10 LOB COMMON LANE of £368,000 on 15th September 2023. For the value to have increased from £368,000 to £396,264 over the nine months to December 2024, the following assumptions must hold true:

• The value of 10 LOB COMMON LANE has moved in line with the HPI for detached houses in the Pendle local authority area.
• The September 2023 sale price of £368,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LOB COMMON LANE has not materially changed since September 2023.

How Large is 10 LOB COMMON LANE?

10 LOB COMMON LANE is 124m² according to the EPC inspection conducted in August 2021. This puts it in the largest 40% 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 LOB COMMON LANE lies on this distribution: 60% of detached houses houses are smaller than 10 LOB COMMON LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Colne.

10 LOB COMMON LANE: Plot and Title Map

10 LOB COMMON LANE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 10 LOB COMMON LANE, 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 LOB COMMON LANE). 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 LOB COMMON LANE?

10 LOB COMMON LANE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 10 on LOB COMMON LANE.