2, EMMOTT LANE, COLNE, BB8 7JE - £340,000

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

2 EMMOTT LANE is a very large extended detached house of 166m², built sometime before 1900. It was last sold for £340,000 in September 2019, which was around 76% above the average September 2019 detached price in the Pendle local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

2 EMMOTT LANE Sold Prices

Land registry data shows two sales for 2 EMMOTT LANE 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 2 EMMOTT LANE 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
2019 2 SEP	£340,000	£193,432	76% above HPI
1996 25 OCT	£65,000	£60,453	8% above HPI

2 EMMOTT LANE 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 2 EMMOTT LANE sales from October 1996 and September 2019 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 1996 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2019 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is 2 EMMOTT LANE?

2 EMMOTT LANE is 166m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where 2 EMMOTT LANE lies on this distribution: 81% of detached houses are smaller than 2 EMMOTT LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Colne.

2 EMMOTT LANE: Plot and Title Map

2 EMMOTT LANE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 2 EMMOTT LANE, 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 EMMOTT LANE). 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 EMMOTT LANE?

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