2, SPRINGFIELD, CASTLE ROAD, COLNE, BB8 7EA - £429,000

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 SPRINGFIELD is a very large extended semi-detached house of 208m², built sometime between 1900 and 1929. It was last sold for £429,000 in June 2019, which was around 254% above the average June 2019 semi-detached price in the Pendle local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

2 SPRINGFIELD Sold Prices

Land registry data shows two sales for 2 SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. Both of the two 2 SPRINGFIELD 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 14 JUN	£429,000	£121,029	254% above HPI
2008 22 FEB	£300,000	£112,479	167% above HPI

2 SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Pendle local authority area over time, sourced from the HPI. The two 2 SPRINGFIELD sales from February 2008 and June 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 February 2008 sale was for 167% above the HPI. So the extrapolation line tracks at 167% above the HPI over time, until the June 2019 sale, where it rises to 254% above the HPI. The line then continues to track at 254% above the HPI.

What might 2 SPRINGFIELD be worth now?

2 SPRINGFIELD might now be worth an estimated £596,525.

This is based on house price inflation of 39.1%, between June 2019 and December 2024, for semi-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 39.1% inflationary increase is applied to the most recent sale price for 2 SPRINGFIELD of £429,000 on 14th June 2019. For the value to have increased from £429,000 to £596,525 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 2 SPRINGFIELD has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The June 2019 sale price of £429,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGFIELD has not materially changed since June 2019.

How Large is 2 SPRINGFIELD?

2 SPRINGFIELD is 208m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of semi-detached houses houses in Colne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colne, and where 2 SPRINGFIELD lies on this distribution: 92% of semi-detached houses houses are smaller than 2 SPRINGFIELD, and 8% of houses are larger. Note that EPC data is not available for all properties in Colne.

2 SPRINGFIELD: Plot and Title Map

2 SPRINGFIELD sits on a plot of roughly 0.179 of an acre, or 726m². The below map shows the location of 2 SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

2 SPRINGFIELD is located on CASTLE ROAD in COLNE, in the BB8 postcode district. The below map shows the position of 2 SPRINGFIELD on CASTLE ROAD.