16, SOUTH VALLEY DRIVE, COLNE, BB8 8BQ - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 SOUTH VALLEY DRIVE is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £275,000 in June 2023, which was around 9% above the average June 2023 detached price in the Pendle local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was C.

16 SOUTH VALLEY DRIVE Sold Prices

Land registry data shows four sales for 16 SOUTH VALLEY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Most of the four 16 SOUTH VALLEY DRIVE 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 12 JUN	£275,000	£252,570	9% above HPI
2006 29 SEP	£195,000	£157,937	23% above HPI
2004 19 MAR	£30,000	£88,665	66% below HPI
1999 7 MAY	£80,745	£60,522	33% above HPI

16 SOUTH VALLEY DRIVE 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 four 16 SOUTH VALLEY DRIVE sales between May 1999 and June 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 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2023 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 16 SOUTH VALLEY DRIVE?

16 SOUTH VALLEY DRIVE is 125m² according to the EPC inspection conducted in July 2024. This puts it in the largest 40% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where 16 SOUTH VALLEY DRIVE lies on this distribution: 64% of detached houses are smaller than 16 SOUTH VALLEY DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Colne.

16 SOUTH VALLEY DRIVE: Plot and Title Map

16 SOUTH VALLEY DRIVE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 16 SOUTH VALLEY DRIVE, 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 16 SOUTH VALLEY DRIVE). 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 16 SOUTH VALLEY DRIVE?

16 SOUTH VALLEY DRIVE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 16 on SOUTH VALLEY DRIVE.