2, HEREFORD ROAD, COLNE, BB8 8JX - £165,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 HEREFORD ROAD is a midsized extended semi-detached house of 121m², built sometime between 1950 and 1966. It was last sold for £165,000 in January 2019, which was around 13% below the average January 2019 detached price in the Pendle local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

2 HEREFORD ROAD Sold Prices

Land registry data shows three sales for 2 HEREFORD 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. Two of the three 2 HEREFORD ROAD sales were for below the average price, whilst one was 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 28 JAN	£165,000	£188,620	13% below HPI
2008 30 SEP	£186,000	£179,275	4% above HPI
2007 8 JUN	£140,000	£177,065	21% below HPI

2 HEREFORD 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 HEREFORD ROAD sales between June 2007 and January 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 September 2008 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 HEREFORD ROAD?

2 HEREFORD ROAD is 121m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 50% 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 HEREFORD ROAD lies on this distribution: 59% of detached houses are smaller than 2 HEREFORD ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Colne.

2 HEREFORD ROAD: Plot and Title Map

2 HEREFORD ROAD sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 2 HEREFORD 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 HEREFORD 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 HEREFORD ROAD?

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