2, ALMA ROAD, COLNE, BB8 7JJ - £243,500

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

2 ALMA ROAD is a midsized detached house of 120m², built sometime between 2003 and 2006, which could now be worth an estimated £327,533. It was last sold for £243,500 in October 2018, which was around 18% above the average October 2018 detached price in the Pendle local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

2 ALMA ROAD Sold Prices

Land registry data shows three sales for 2 ALMA ROAD 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 2 ALMA ROAD 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
2018 26 OCT	£243,500	£206,522	18% above HPI
2006 3 NOV	£248,000	£171,059	45% above HPI
2003 11 APR	£180,000	£81,455	121% above HPI

2 ALMA ROAD 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 2 ALMA ROAD sales between April 2003 and October 2018 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 2006 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 2 ALMA ROAD be worth now?

2 ALMA ROAD might now be worth an estimated £327,533.

This is based on house price inflation of 34.5%, between October 2018 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 34.5% inflationary increase is applied to the most recent sale price for 2 ALMA ROAD of £243,500 on 26th October 2018. For the value to have increased from £243,500 to £327,533 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 ALMA ROAD has moved in line with the HPI for detached houses in the Pendle local authority area.
• The October 2018 sale price of £243,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ALMA ROAD has not materially changed since October 2018.

How Large is 2 ALMA ROAD?

2 ALMA ROAD is 120m² according to the EPC inspection conducted in September 2016. This puts it in the largest 50% 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 2 ALMA ROAD lies on this distribution: 58% of detached houses houses are smaller than 2 ALMA ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Colne.

2 ALMA ROAD: Plot and Title Map

2 ALMA ROAD sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 2 ALMA ROAD, 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 2 ALMA ROAD). 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 2 ALMA ROAD?

2 ALMA ROAD is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 2 on ALMA ROAD.