2, MILE END CLOSE, FOULRIDGE, COLNE, BB8 7LD - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MILE END CLOSE is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £265,000 in July 2018, which was around 42% above the average July 2018 detached price in the Pendle local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

2 MILE END CLOSE Sold Prices

Land registry data shows four sales for 2 MILE END CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. All of the four 2 MILE END 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
2018 20 JUL	£265,000	£186,996	42% above HPI
2007 6 JUL	£192,500	£182,729	5% above HPI
2001 24 AUG	£78,500	£70,930	11% above HPI
1999 19 JUL	£76,500	£63,256	21% above HPI

2 MILE END 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 four 2 MILE END CLOSE sales between July 1999 and July 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 July 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2018 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 2 MILE END CLOSE?

2 MILE END CLOSE is 120m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% of detached houses in Foulridge, based on EPC data. The below chart shows the distribution of detached houses by size in Foulridge, and where 2 MILE END CLOSE lies on this distribution: 42% of detached houses are smaller than 2 MILE END CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Foulridge.

2 MILE END CLOSE: Plot and Title Map

2 MILE END CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 2 MILE END 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 2 MILE END 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 2 MILE END CLOSE?

2 MILE END CLOSE is located in FOULRIDGE, in the BB8 postcode district. The below map shows the position of No. 2 on MILE END CLOSE.