32, SOUTH VALLEY DRIVE, COLNE, BB8 8BQ - £315,000

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.

32 SOUTH VALLEY DRIVE is a midsized extended detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £323,965. It was last sold for £315,000 in October 2022, which was around 18% above the average October 2022 detached price in the Pendle local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.

32 SOUTH VALLEY DRIVE Sold Prices

Land registry data shows two sales for 32 SOUTH VALLEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pendle local authority area for the corresponding sale date. Both of the two 32 SOUTH VALLEY DRIVE 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
2022 13 OCT	£315,000	£266,150	18% above HPI
1998 18 DEC	£75,000	£63,461	18% above HPI

32 SOUTH VALLEY 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 two 32 SOUTH VALLEY DRIVE sales from December 1998 and October 2022 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 December 1998 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2022 sale, which was also at 18% above the HPI.

What might 32 SOUTH VALLEY DRIVE be worth now?

32 SOUTH VALLEY DRIVE might now be worth an estimated £323,965.

This is based on house price inflation of 2.8%, between October 2022 and February 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 2.8% inflationary increase is applied to the most recent sale price for 32 SOUTH VALLEY DRIVE of £315,000 on 13th October 2022. For the value to have increased from £315,000 to £323,965 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 32 SOUTH VALLEY DRIVE has moved in line with the HPI for detached houses in the Pendle local authority area.
• The October 2022 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 32 SOUTH VALLEY DRIVE has not materially changed since October 2022.

How Large is 32 SOUTH VALLEY DRIVE?

32 SOUTH VALLEY DRIVE is 113m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 50% 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 32 SOUTH VALLEY DRIVE lies on this distribution: 51% of detached houses houses are smaller than 32 SOUTH VALLEY DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Colne.

32 SOUTH VALLEY DRIVE: Plot and Title Map

32 SOUTH VALLEY DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 32 SOUTH VALLEY 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 32 SOUTH VALLEY 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 32 SOUTH VALLEY DRIVE?

32 SOUTH VALLEY DRIVE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 32 on SOUTH VALLEY DRIVE.