31, CASTERCLIFF BANK, COLNE, BB8 8DJ - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 CASTERCLIFF BANK is a small extended detached house of 95m², built sometime between 2003 and 2006, which could now be worth an estimated £276,999. It was last sold for £250,000 in June 2024, which was about the average June 2024 detached price in the Pendle local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

31 CASTERCLIFF BANK Sold Prices

Land registry data shows five sales for 31 CASTERCLIFF BANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. The five 31 CASTERCLIFF BANK sales were a mix of roughly equal to the average price, above the average price, and below 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
2024 4 JUN	£250,000	£248,915	Close to HPI
2019 22 MAY	£180,000	£196,136	8% below HPI
2007 6 JUL	£190,000	£189,584	Close to HPI
2003 16 MAY	£125,000	£87,202	43% above HPI
2000 18 OCT	£69,350	£70,505	2% below HPI

31 CASTERCLIFF BANK 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 five 31 CASTERCLIFF BANK sales between October 2000 and June 2024 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 May 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 31 CASTERCLIFF BANK be worth now?

31 CASTERCLIFF BANK might now be worth an estimated £276,999.

This is based on house price inflation of 10.8%, between June 2024 and March 2025, for 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 10.8% inflationary increase is applied to the most recent sale price for 31 CASTERCLIFF BANK of £250,000 on 4th June 2024. For the value to have increased from £250,000 to £276,999 over the one year and three months to March 2025, the following assumptions must hold true:

• The value of 31 CASTERCLIFF BANK has moved in line with the HPI for detached houses in the Pendle local authority area.
• The June 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 31 CASTERCLIFF BANK has not materially changed since June 2024.

How Large is 31 CASTERCLIFF BANK?

31 CASTERCLIFF BANK is 95m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses houses in Colne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colne, and where 31 CASTERCLIFF BANK lies on this distribution: 22% of detached houses houses are smaller than 31 CASTERCLIFF BANK, and 76% of houses are larger. Note that EPC data is not available for all properties in Colne.

31 CASTERCLIFF BANK: Plot and Title Map

31 CASTERCLIFF BANK sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 31 CASTERCLIFF BANK, 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 31 CASTERCLIFF BANK). 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 31 CASTERCLIFF BANK?

31 CASTERCLIFF BANK is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 31 on CASTERCLIFF BANK.