6, HORSFIELD CLOSE, COLNE, BB8 0RE - £167,500

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.

6 HORSFIELD CLOSE is a very small detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £238,563. It was last sold for £167,500 in February 2018, which was around 14% below the average February 2018 detached price in the Pendle local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

6 HORSFIELD CLOSE Sold Prices

Land registry data shows two sales for 6 HORSFIELD CLOSE 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 6 HORSFIELD CLOSE 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
2018 1 FEB	£167,500	£193,643	14% below HPI
1997 4 JUL	£59,000	£64,734	9% below HPI

6 HORSFIELD CLOSE 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 6 HORSFIELD CLOSE sales from July 1997 and February 2018 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 July 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 6 HORSFIELD CLOSE be worth now?

6 HORSFIELD CLOSE might now be worth an estimated £238,563.

This is based on house price inflation of 42.4%, between February 2018 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 42.4% inflationary increase is applied to the most recent sale price for 6 HORSFIELD CLOSE of £167,500 on 1st February 2018. For the value to have increased from £167,500 to £238,563 over the six years and eleven months to March 2025, the following assumptions must hold true:

• The value of 6 HORSFIELD CLOSE has moved in line with the HPI for detached houses in the Pendle local authority area.
• The February 2018 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 6 HORSFIELD CLOSE has not materially changed since February 2018.

How Large is 6 HORSFIELD CLOSE?

6 HORSFIELD CLOSE is 72m² according to the EPC inspection conducted in March 2017. 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 6 HORSFIELD CLOSE lies on this distribution: 4% of detached houses houses are smaller than 6 HORSFIELD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Colne.

6 HORSFIELD CLOSE: Plot and Title Map

6 HORSFIELD CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 6 HORSFIELD CLOSE, 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 6 HORSFIELD CLOSE). 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 6 HORSFIELD CLOSE?

6 HORSFIELD CLOSE is located in COLNE, in the BB8 postcode district. The below map shows the position of No. 6 on HORSFIELD CLOSE.