18, NETHERHEYS CLOSE, COLNE, BB8 9QY - £490,000

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

18 NETHERHEYS CLOSE is a large extended detached house of 152m², built sometime between 1991 and 1995. It was last sold for £490,000 in January 2023, which was around 81% above the average January 2023 detached price in the Pendle local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

18 NETHERHEYS CLOSE Sold Prices

Land registry data shows two sales for 18 NETHERHEYS CLOSE 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 18 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
2023 20 JAN	£490,000	£270,137	81% above HPI
2000 17 NOV	£183,000	£65,403	180% above HPI

18 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 two 18 NETHERHEYS CLOSE sales from November 2000 and January 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 November 2000 sale was for 180% above the HPI. So the extrapolation line tracks at 180% above the HPI over time, until the January 2023 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 18 NETHERHEYS CLOSE?

18 NETHERHEYS CLOSE is 152m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 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 18 NETHERHEYS CLOSE lies on this distribution: 76% of detached houses are smaller than 18 NETHERHEYS CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Colne.

18 NETHERHEYS CLOSE: Plot and Title Map

18 NETHERHEYS CLOSE sits on a plot of roughly 0.167 of an acre, or 678m². The below map shows the location of 18 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 18 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 18 NETHERHEYS CLOSE?

18 NETHERHEYS CLOSE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 18 on NETHERHEYS CLOSE.