21, KNOTTS DRIVE, COLNE, BB8 8DH - £167,500

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

21 KNOTTS DRIVE is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £167,500 in December 2016, which was around 4% below the average December 2016 detached price in the Pendle local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was A.

21 KNOTTS DRIVE Sold Prices

Land registry data shows three sales for 21 KNOTTS DRIVE 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. One of the three 21 KNOTTS DRIVE sales was for below the average price, whilst two 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
2016 9 DEC	£167,500	£174,158	4% below HPI
2003 28 MAR	£95,000	£71,484	33% above HPI
1999 14 MAY	£64,995	£60,522	7% above HPI

21 KNOTTS DRIVE 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 21 KNOTTS DRIVE sales between May 1999 and December 2016 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 March 2003 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the December 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 21 KNOTTS DRIVE?

21 KNOTTS DRIVE is 78m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Colne, and where 21 KNOTTS DRIVE lies on this distribution: 6% of detached houses are smaller than 21 KNOTTS DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Colne.

21 KNOTTS DRIVE: Plot and Title Map

21 KNOTTS DRIVE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 21 KNOTTS DRIVE, 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 21 KNOTTS DRIVE). 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 21 KNOTTS DRIVE?

21 KNOTTS DRIVE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 21 on KNOTTS DRIVE.