12, NETHERHEYS CLOSE, COLNE, BB8 9QY - £225,000

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

12 NETHERHEYS CLOSE is a midsized detached house of 114m², built sometime between 1991 and 1995. It was last sold for £225,000 in July 2012, which was around 50% above the average July 2012 detached price in the Pendle local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

12 NETHERHEYS CLOSE Sold Prices

Land registry data shows three sales for 12 NETHERHEYS CLOSE 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 12 NETHERHEYS CLOSE 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
2012 30 JUL	£225,000	£150,002	50% above HPI
2001 30 OCT	£126,500	£72,412	75% above HPI
1999 8 NOV	£108,000	£68,066	59% above HPI

12 NETHERHEYS CLOSE 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 12 NETHERHEYS CLOSE sales between November 1999 and July 2012 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 October 2001 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the July 2012 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 12 NETHERHEYS CLOSE?

12 NETHERHEYS CLOSE is 114m² according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where 12 NETHERHEYS CLOSE lies on this distribution: 53% of detached houses are smaller than 12 NETHERHEYS CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Colne.

12 NETHERHEYS CLOSE: Plot and Title Map

12 NETHERHEYS CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 12 NETHERHEYS CLOSE, 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 12 NETHERHEYS CLOSE). 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 12 NETHERHEYS CLOSE?

12 NETHERHEYS CLOSE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 12 on NETHERHEYS CLOSE.