5, BUTTERMERE AVENUE, COLNE, BB8 7RB - £134,950

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.

5 BUTTERMERE AVENUE is a very small detached house of 61m², built sometime between 1996 and 2002, which could now be worth an estimated £193,266. It was last sold for £134,950 in December 2017, which was around 29% below the average December 2017 detached price in the Pendle local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

5 BUTTERMERE AVENUE Sold Prices

Land registry data shows two sales for 5 BUTTERMERE AVENUE 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 5 BUTTERMERE AVENUE sales were 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
2017 8 DEC	£134,950	£191,131	29% below HPI
2002 1 FEB	£71,000	£71,860	1% below HPI

5 BUTTERMERE AVENUE 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 5 BUTTERMERE AVENUE sales from February 2002 and December 2017 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 February 2002 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 5 BUTTERMERE AVENUE be worth now?

5 BUTTERMERE AVENUE might now be worth an estimated £193,266.

This is based on house price inflation of 43.2%, between December 2017 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 43.2% inflationary increase is applied to the most recent sale price for 5 BUTTERMERE AVENUE of £134,950 on 8th December 2017. For the value to have increased from £134,950 to £193,266 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 BUTTERMERE AVENUE has moved in line with the HPI for detached houses in the Pendle local authority area.
• The December 2017 sale price of £134,950 represented a fair market value for the property.
• The size, condition, and specification of 5 BUTTERMERE AVENUE has not materially changed since December 2017.

How Large is 5 BUTTERMERE AVENUE?

5 BUTTERMERE AVENUE is 61m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% 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 5 BUTTERMERE AVENUE lies on this distribution: 2% of detached houses houses are smaller than 5 BUTTERMERE AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Colne.

5 BUTTERMERE AVENUE: Plot and Title Map

5 BUTTERMERE AVENUE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 5 BUTTERMERE AVENUE, 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 5 BUTTERMERE AVENUE). 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 5 BUTTERMERE AVENUE?

5 BUTTERMERE AVENUE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 5 on BUTTERMERE AVENUE.