36, RED LANE, COLNE, BB8 7JT - £335,000

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

36 RED LANE is a very small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £335,000 in December 2023, which was around 24% above the average December 2023 detached price in the Pendle local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

36 RED LANE Sold Prices

Land registry data shows two sales for 36 RED LANE 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 36 RED LANE 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
2023 18 DEC	£335,000	£271,006	24% above HPI
1995 13 DEC	£70,000	£60,361	16% above HPI

36 RED LANE 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 36 RED LANE sales from December 1995 and December 2023 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 1995 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 36 RED LANE?

36 RED LANE is 88m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% 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 36 RED LANE lies on this distribution: 14% of detached houses houses are smaller than 36 RED LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Colne.

36 RED LANE: Plot and Title Map

36 RED LANE sits on a plot of roughly 0.215 of an acre, or 870m². The below map shows the location of 36 RED LANE, 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 36 RED LANE). 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 36 RED LANE?

36 RED LANE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 36 on RED LANE.