40, FLOATS MILL, TRAWDEN, COLNE, BB8 8TJ - £189,950

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.

40 FLOATS MILL is a midsized semi-detached house of 96m², built sometime from 2007 onwards, which could now be worth an estimated £191,120. It was last sold for £189,950 in December 2022, which was around 16% above the average December 2022 semi-detached price in the Pendle local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

40 FLOATS MILL Sold Prices

Land registry data shows three sales for 40 FLOATS MILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Pendle local authority area for the corresponding sale date. Two of the three 40 FLOATS MILL sales were for above the average price, whilst one was for 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
2022 7 DEC	£189,950	£164,456	16% above HPI
2022 14 MAR	£187,500	£148,575	26% above HPI
2021 8 FEB	£50,000	£137,294	64% below HPI

40 FLOATS MILL 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 three 40 FLOATS MILL sales between February 2021 and December 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 March 2022 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2022 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 40 FLOATS MILL be worth now?

40 FLOATS MILL might now be worth an estimated £191,120.

This is based on house price inflation of 0.6%, between December 2022 and February 2025, 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 0.6% inflationary increase is applied to the most recent sale price for 40 FLOATS MILL of £189,950 on 7th December 2022. For the value to have increased from £189,950 to £191,120 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 40 FLOATS MILL has moved in line with the HPI for semi-detached houses in the Pendle local authority area.
• The December 2022 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 40 FLOATS MILL has not materially changed since December 2022.

How Large is 40 FLOATS MILL?

40 FLOATS MILL is 96m² according to the EPC inspection conducted in August 2012. This puts it in the largest 50% of semi-detached houses houses in Trawden, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Trawden, and where 40 FLOATS MILL lies on this distribution: 48% of semi-detached houses houses are smaller than 40 FLOATS MILL, and 50% of houses are larger. Note that EPC data is not available for all properties in Trawden.

40 FLOATS MILL: Plot and Title Map

40 FLOATS MILL sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 40 FLOATS MILL, 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 40 FLOATS MILL). 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 40 FLOATS MILL?

40 FLOATS MILL is located in TRAWDEN, in the BB8 postcode district. The below map shows the position of No. 40 on FLOATS MILL.