16, THE MEADOWS, COLNE, BB8 7ET - £188,000

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

16 THE MEADOWS is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £188,000 in June 2012, which was around 18% above the average June 2012 detached price in the Pendle local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

16 THE MEADOWS Sold Prices

Land registry data shows two sales for 16 THE MEADOWS 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 16 THE MEADOWS 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 8 JUN	£188,000	£158,846	18% above HPI
1997 17 AUG	£84,950	£63,345	34% above HPI

16 THE MEADOWS 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 16 THE MEADOWS sales from August 1997 and June 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 August 1997 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2012 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 16 THE MEADOWS?

16 THE MEADOWS is 96m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% 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 THE MEADOWS lies on this distribution: 26% of detached houses are smaller than 16 THE MEADOWS, and 74% of houses are larger. Note that EPC data is not available for all properties in Colne.

16 THE MEADOWS: Plot and Title Map

16 THE MEADOWS sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 16 THE MEADOWS, 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 THE MEADOWS). 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 THE MEADOWS?

16 THE MEADOWS is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 16 on THE MEADOWS.